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China had 260 million motor vehicles by the end of 2019, up 8.83 percent year on year, including 207 million private cars, the Ministry of Public Security said on Jan 7, 2020.[Photo/China Daily]
China has been improving the Macro Prudential Assessment (MPA) mechanism to guard against systemic financial risks since 2009 and has become one of the leading countries in this field, Chen said.
China has issued a number of policies since 2017 clarifying that in the next three years the country will build an industrial chain based on NB-IoT network technology.
China has adopted a more vigorous fiscal policy and accelerated local government bond issuance. Next year, the country will speed up implementation of major projects according to the 13th Five-Year Plan (2016-20), use the funds raised through local government debt and public-private partnerships for these projects as soon as possible, and attract private investment in the projects.
China has been importing a large amount of high-end medical equipment, pharmaceutical equipment, pharmaceutical preparations and biological preparations from the US, and the rapid growth of imports in the past few years helped to reduce the trade surplus.
来源：资阳报