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The fourth plenary session of the 19th Communist Party of China Central Committee will be held from Oct 28 to 31 in Beijing, according to a decision made at a CPC Central Committee Political Bureau meeting on Thursday.

The future scenario may become reality with the leading German automobile brand evolving into a number-one technology company for premium mobility and services to inspire people on the move.

The government is currently working on the details of the buyback scheme and will make announcements shortly.

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The government estimated costs to industry rivals, such as Charter Communications Inc, would increase by 0 million a year if AT&T owned Time Warner.

The general objectives of reform are improving socialism with Chinese characteristics and modernizing the State governance system, according to a communique issued after the third plenary session of the 18th CPC Central Committee in 2013.

The gloomy global market and rise in labor costs have hindered the progress of the carpet-making industry in Nanzhao in recent years. "The wholesalers squeeze down the price due to the bad global economic situation and our margin has dropped a lot. Therefore we cannot increase the salary of weavers, which again impedes the development of the carpet industry," said Wei Jia'an, a carpet trader with more 30 years' experience.

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The further opening-up will tighten connections between domestic and overseas capital markets, with continual improvement of the qualified foreign institutional investors scheme, as well as the Shanghai-Hong Kong and Shenzhen-Hong Kong stock connect programs, Yi said.

The government will encourage the development of services, such as elderly care, day care for children, and medical and domestic services in communities. The meeting also decided on measures to move forward with a new round of power grid upgrading in rural areas. The time it takes for enterprises to get electric power will be further shortened, the statement said.

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The funds raised by Agricultural Bank of China will be used for lending to small businesses in Hubei province and other regions that suffered due to the novel coronavirus outbreak.

The government will refine review methods and encourage market regulators to enforce the review mechanism together with policymaking departments before new policy measures are rolled out by local governments, the guideline said.