The launch of the BMW 1 Series signaled the introduction of a car tailor-made for young customers in China.
The investment plan came a day after China released a revised list of industries for foreign investment, which includes logistics of ordinary goods, cold chain logistics for fresh agricultural goods and special medicines.
The investment in 5G technology will be at least 1.5 times that of 4G technology, and is expected to surpass 1.2 trillion yuan (4 billion), said Wei Leping, deputy director of communications science at MIIT's technology commission.
The latest guidelines will promote diversification of China's banking and insurance system and improve its service capability, said Zhang Xingrong, managing director of the Bank of China Research Institute.
The launch came following Tencent's music streaming service JOOX and the mobile version of PUBG games released in Thailand.
The latest figures from the National Bureau of Statistics reflect Yang's optimism. In the first three quarters of this year, China's GDP rose by 0.7 percent year-on-year, offering a solid foundation for the development of tourism.
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The key rule is to confirm everything in advance, be careful when handling it and summarize after work, Zhang added.
The latest move has appealed to many high-tech companies, with dozens of them lining up to prepare for listing on the new board.
The joint venture, which was announced on Wednesday, is also seen as a major achievement in optimizing the country's freight transportation structure.
The labor service company recruits and manages qualified migrant laborers, signs contracts and manages their personnel files. It also provides social insurance and housing funds, while enterprises purchase services and offer jobs for laborers.