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China will dish out more proactive fiscal policies and flexible monetary measures to drive the real economy and support a strong economic rebound once the epidemic is contained, officials said at a press conference on Monday.
China will expand infrastructure investment in 2019, including 800 billion yuan in railway construction and 1.8 trillion yuan in road construction and waterway projects, according to a government work report.
China's Vice-Finance Minister Zhu Guangyao had earlier disclosed that foreign businesses will be allowed to own as much as 51 percent of shares in a joint venture in securities, funds and futures industries, up from the current 49 percent.
China's big four telecom companies will invest more than 200 billion yuan ( billion) in four years to build up cutting-edge information infrastructure for fifth-generation mobile communication technology in the nation's Yangtze River Delta region.
China's GDP growth is expected to be about 6 percent in 2020, The Beijing News said quoting the latest report from the Chinese Academy of Social Sciences (CASS).
来源：资阳报