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China has elevated deleveraging on its agenda, listing it as one of five key economic tasks as the nation switches its development model to rely less on debt-driven growth.
China has advanced high-speed rail technologies to build safe and cost-effective railways, said Li, adding that he hopes Singapore can support Chinese enterprises' participation in the rail project.
China has long been a second home for Honeywell and the company raked in revenue of .9 billion in 2017, a year-on-year growth of 25 percent, said Shane Tedjarati, president for Honeywell's Global High Growth Regions, which includes China.
China has been the world's second-largest country in service trade for five consecutive years, with the total value reaching 5.24 trillion yuan in 2018, up 11.5 percent year-on-year, data from the ministry show.
China faces a "severe and complicated" situation concerning combating money laundering amid rising financial risks and even more stricter international standards on fighting money laundering, Yin said at a briefing.
来源：资阳报