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China is predicted to spend 2.8 trillion yuan (1 billion) in the digital transformation this year, and the figure is expected to surge to 3.2 trillion yuan in 2020 and 3.7 trillion yuan in 2021. Manufacturing (220.5 billion yuan), governments (193.4 billion yuan) and financial services (145.5 billion yuan) are the top three sectors in spending for the digital transformation in 2019, according to Deloitte.
China has seen substantial opening-up in securities and assets management services in recent years such as the wider market access offered to securities, futures and funds firms, said Yi Huiman, head of the China Securities Regulatory Commission (CSRC).

China has released a five-year plan on its rural vitalization strategy, the first of its kind, mapping out a number of major projects, programs and actions.
China is in the middle of capacity cuts in coal and steel sectors. Last year's annual targets to slash steel capacity by around 50 million tons and coal by at least 150 million tons were fulfilled in August and October, respectively.
China has undertaken several rounds of mixed-ownership reform, including one covering telecom giant China Unicom, to bring in private investment mainly by issuing shares.
来源:资阳报