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Chinese President Xi Jinping will attend a China-Germany-EU leaders' meeting via video link next Monday, joined by German Chancellor Angela Merkel, President of the European Council Charles Michel and President of the European Commission Ursula von der Leyen.
China's smart manufacturing sector will see a compound growth rate of about 20 percent in the 2016-2020 period, and the annual output of the sector will exceed 3 trillion yuan (about 3 billion), according to a report from CIConsulting, a Guangdong-based research institution.
China's passenger car sales climbed 4.9 percent year-on-year in June to 1.8 million units, ending a falling streak for 12 consecutive months, showed data from the China Passenger Car Association (CPCA).
China's railway operator said heavy investment in its railway network will continue in 2019, which experts say will help stabilize investment and counter slowing economic growth.
China's reform of its resource tax regulations started in July 2016.
