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China's natural gas consumption will increase this year on the back of continued policy backing from Beijing, as part of a broader clean-energy drive to replace coal with natural gas and other efforts to reduce chronic air pollution.
China's economy will maintain its strong resilience, and the government has sufficient policy tools to keep growth stable despite the fallout of the novel coronavirus outbreak, said a central bank vice governor.
China's largest online travel agency Ctrip said it has received an unusually large number of inquiries for its South Pole tours this year and estimates that more than 1,000 Chinese tourists would be staying at the South Pole during the upcoming Spring Festival holiday in February.
China's labor is becoming expensive too, and more skilled. So, China needs to move away from setting up industries that basically service imports from East Asia. Instead, China should set up industries that are indigenous and can use innovation to produce new products. The country is already doing this quite well. China has beaten the US in 5G, and leads in artificial intelligence.
China's domestic consumption is in transition with the growing purchasing power of consumers. [Photo/VCG]
来源：资阳报