1.The Fourth Industrial Revolution is best described by its leading technologies: artificial intelligence, autonomous vehicles, and the Internet of Things. These are technologies that will affect many industries in the decades to come and accord unprecedented importance to the digital world.
2.In this world, globalization won’t disappear; it will deepen. If in the past global integration grew as trade barriers came down, it will now rely on the connectivity of national digital and virtual systems and the related flow of ideas and services. This is the core of Globalization 4.0.
3.Proactive action to mitigate trade tensions and embrace an open global trading system is urgently needed to help the world's turbulent economy get back on track, experts said at a forum ahead of the 2019 G20 summit.
4.China's high-end manufacturing investment has enjoyed a sound development momentum this year, with investment in high-tech manufacturing and technological transformation becoming the primary drivers of growth in manufacturing investment.
5.Local governments and financial institutions are encouraged to use special bonds and other market-based financing methods to support key areas and major projects such as the coordinated development of the Beijing-Tianjin-Hebei region and the construction of the Yangtze River Economic Belt.
6.In an environment characterized by uncertainty and the contraction of trade and investment, an open economy could be consolidated by multilateral mechanisms that advocate policy coordination, innovation and inclusive development.
7.More than half a billion people in China will be paying with their phones in brick-and-mortar shops, cafes and restaurants this year. That equals a penetration rate of more than 35 percent, the highest in the world.
8.In manned spaceflight, deep-water exploration, quantum communications, large aircraft development, and more, China has seen a stream of major outcomes of innovation. In high-speed rail, e-commerce, mobile payments, and the sharing economy, China is leading the world.The Internet Plus model has permeated every industry and every field.
9.The economy has registered a slower but stable performance with good momentum for growth. China’s gross domestic product (GDP) has risen from 54 trillion to 82.7 trillion yuan, registering average annual growth of 7.1 percent; and its share in the global economy has grown to roughly 15 percent, up from 11.4 percent. China’s contribution to global growth has exceeded 30 percent.
10.New measures were introduced for opening China up, rapid progress was made in pursuing the Belt and Road Initiative, and a number of major projects and industrial-capacity cooperation projects with other countries were launched.
11.ByteDance, with a valuation of $75 billion, is the world's largest unicorn, a word used for startup companies whose valuation has exceeded $1 billion, according to a report released by the New York-based research group.
12.A zero-waste city refers to an advanced urban development and management model that aims to promote green lifestyles, minimize the amount of waste produced, strengthen recycling programs and ensure that waste released into the environment is harmless.
13.China's urbanization progress will continue, with the urbanization ratio reaching 70 percent by 2035. As the urbanization rate grows, the speed of urbanization will remain steady and then slowly decline.
14.The World Bank lowered its global growth forecast for 2019 to 2.6 percent, while maintaining its growth projection for China at 6.2 percent, according to the newly released semi-annual Global Economic Prospects report.
15.While major cities like Beijing, Shanghai, and Guangzhou remain popular for job seekers, China’s second-tier cities are gaining popularity, especially among the post-90s generation, according to a new report.
16.Over the past five years, innovation-driven development has yielded fruitful outcomes. China’s investment in research and development (R&D) has grown at an average annual rate of 11 percent, ranking second in the world in scale. The contribution of technological advances to economic growth has risen from 52.2 to 57.5 percent.
17.China will remove all access restrictions on foreign investment in areas outside the negative list by the end of this year, as part of the country's overall effort to further open up the economy and pursue high-quality development.
18.China's fast-moving consumer goods (FMCG) consumption remains robust against downward economic pressure, while transformation in retail models is picking up pace. As Chinese consumers continue to become more sophisticated and the channels available to them become more advanced, companies have to understand and incorporate the new retail model and focus on a customer first mentality to win in this emerging new battleground.
19.Today, there’s scarcely an aspect of our life that isn’t being affected by the torrent of information available on the hundreds of millions of sites crowding the Internet, not to mention its ability to keep us in constant touch with each other via electronic mail. Probably the biggest payoff, however, is the billions of dollars the Internet is saving companies in producing goods and serving the needs of their customers.
20.Adhering to the policy that "houses are for living, not for speculation", local governments have kept differentiated policies based on local conditions, and made obvious achievement in tightening control of the real estate market.