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Cosco has since invested to help Noatum Port Holdings improve the efficiency of its ports and railway terminals so more trade can flow in a timely and cost-efficient way. From January to July, containers handled by Noatum Port Holdings reached 2.08 million twenty-foot equivalent units－a standard measurement－with an annual increase of 13.2 percent, according to the company's estimates.

Cornyn's staff is drafting changes to address industry concerns, Reuters reported.

Considering the growth potential of China's economy, a coordination of fiscal and monetary policies will support the economy to achieve a positive growth, and the real growth is possible to be 2 percent to 3 percent this year.

Corn reserves are being consumed at a rapid pace, and the purchase prices for corn in northeastern and northern regions have soared by 30 percent compared to the beginning of this year.

Construction of transportation projects around Xiongan has begun, with the aim of linking to the outside.