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The connection of the select tier with the exchange markets, in tandem with more liberalized trading rules, will boost liquidity condition in the select tier and help rationalize the share prices after they debut on the tier following initial volatility, Wang said.

The country has planned to send a mission to study the sun in 2019-20, a second mission to Mars in 2022-23 and a Venus mission in 2023. It will also attempt to send astronauts to space on a spacecraft in 2022.

The confidence of the companies has been further boosted after several countries indicated that they would procure sufficient quantities of the high-quality test kits from China.

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The cost of medical equipment, low frequency of usage, lower volume of visits and labor intensity all contribute to the high cost of treatment, Zhang said.

The country will surely solicit more talents from both home and abroad to build the country into a leader in manufacturing, given the government plans to promote the development of integrated circuits, 5G mobile communications, aircraft engines, new-energy vehicles, new materials and equipment manufacturing, among others.

The conference also said the central bank will play a stronger role in macro prudential management and guarding against systemic risks.

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The concept of circular economy has been gaining traction in the economic discourse in China of late.

The cost for the California High Speed Rail Line has surged from its original estimate of billion to between billion to billion.

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The country will also extend the credit loan support tool to help small businesses stabilize their operations, the meeting said.

The country imported over 55.1 million metric tons of soybeans from January to July, up 17.6 percent year-on-year.