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China's population is aging rapidly. The number of people aged 60 or above reached 241 million in China by the end of 2017, accounting for 17.3 percent of the total population. The number is expected to peak at 487 million around 2050, accounting for a third of the total population, according to the Office of the National Working Commission on Aging.
China, which already has a high density of electric vehicle chargers, has strong hopes for autonomous vehicle technology, according to a report released by consultancy firm KPMG.
China's telecom carriers have confirmed plans to build at least 550,000 5G base stations this year, adding that the ongoing novel coronavirus outbreak would not disrupt their commitment to quickly roll out the superfast wireless technology.
China's urbanization rate reached 60 percent as of the end of last year, with more than 830 million people now living in cities. As people move into cities, around 20 percent of the old houses in rural areas are left vacant, Xiao said, referring to an assessment of villages in Guizhou.
China's private investment contracted 7.3 percent in the first half of this year. The decrease narrowed 2.3 percentage points from that in the January-May period, but was still 4.2 percentage points down when compared with the fixed-asset investment growth.
来源：资阳报