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In the first eight months, FDI dropped 0.2 percent year-on-year to 547.94 billion yuan.

In the context of stagnant domestic and international markets and recessing global economic and trade, cultivating domestic demand and giving full play to the domestic consumption of economic development is the key move to gear up China's economy.

In the beginning, there was heavy reliance on imports and foreign nuclear power technologies. Then, in sync with China's economic revival over the last 40 years, the domestic nuclear power industry unbelievably grew from strength to strength.

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In the first half, the IT manufacturing industry earned an income of 5.14 trillion yuan (9 billion), the ministry said.

In the first nine months of 2019, the value-added of enterprises above their designated size, which means an enterprise with annual revenue of more than .85 million, from Ningbo's nine traditional manufacturing industries witnessed a year-on-year growth of 8.5 percent. The research and development expenditure of those enterprises increased by 14.7 percent.

In the fall of 2013, Chinese President Xi Jinping proposed the Belt and Road Initiative -- the Silk Road Economic Belt and the 21st Century Maritime Silk Road. The initiative is guided by the principle of extensive consultation, joint development and shared benefits.

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In the 5G era, higher reliability and lower latency can be realized, making the internet of things more effective and enabling tasks that are impossible in the 4G era, such as overseeing self-driving vehicles.

In the first three quarters of this year, profits of the industry climbed by 14.4 percent to 568.9 billion yuan, the ministry said.

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In the Axios on HBO interview, Cui also said that the WHO has a rule regarding naming new viruses, including never giving people the impression that the virus is linked somehow to a particular location or a group of people to avoid stigma. He said he hoped the WHO rule will be followed.

In the future, Bei continued, the Chinese government could encourage fintech companies' investment and development in Africa, as a way to better promote the Belt and Road Initiative and strengthen the ties between China and African countries.