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China's central bank announced on Friday to cut the reserve requirement ratio of banks (ratio money lenders are required to keep aside as reserves) by 1 percentage point to inject cash into the economy to bolster growth.
China will renovate 15 million dilapidated homes from 2018 to 2020 to speed up its urbanization drive and improve people's livelihood.
China will see roll out of 5G mobile phones as early as next year, as mobile handset makers Xiaomi and Oppo have completed the connection of 5G signaling and data links.
China will step up protection of property rights to provide sustained impetus for economic development, according to a decision made at the State Council executive meeting chaired by Premier Li Keqiang on Wednesday.
China's Singles Day falls on Nov 11 every year when e-commerce platforms and online sellers offer big discounts and other promotions.
来源：资阳报