The country should maintain the area of arable land and prevent the land quality from worsening, according to the guidelines.
The country aims to increase the total number of domestic incubators, makerspaces and accelerators to more than 10,000 by 2020, with a target of 100 overseas incubators, makerspaces and accelerators for the same period. These programs are expected to create three million jobs and 2,000 listed companies.
The consensus was reached ahead of the eighth China-Japan-ROK leaders' meeting, to be held in Chengdu, Sichuan province, on Tuesday. It will focus on creating a vision for future cooperation and expanding common interests, according to the Ministry of Commerce.
The coronavirus pandemic has forced other apparel retailers into bankruptcy, including JC Penney, Neiman Marcus, J. Crew, Brooks Brothers, Stage Stores, Ann Taylor and Lane Bryant.
The container port of the Nansha Free Trade Area in Guangzhou, capital of Guangdong province. [Photo provided to China Daily]
The country will continue to spin off a number of SOE subsidiaries that lose money, as well as non-primary businesses. And it will further cut the administrative functions of centrally governed SOEs, Peng said.
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The conference is aimed at promoting the deep integration of industrial design with economic and social development, while boosting design exchanges and cooperation between countries and regions, said Yu Xiaodong, an official with the Ministry of Industry and Information Technology, at a press briefing in Jinan, capital of Shandong province.
The consortium, comprising ANTA Sports, FountainVest Partners, Anamered Investments and Tencent, made the acquisition through a voluntary, recommended public-cash tender offer by the newly-incorporated Mascot Bidco Oy.
The country's GDP grew 6.3 percent year-on-year in the first half of this year, showing that China is still a relatively fast-growing and healthy economy.
The costs for custom clearance will also be reduced as authorities are required to make public a list of fees charged at ports before the end of this month. No additional fees can be levied in export and import procedures without approval from the State Council, the plan said.