The fourth phase of Nansha Port will accelerate the development of Guangzhou and make Guangdong's provincial capital a major global shipping center, industry insiders said.
The government will increase the efficiency of fiscal fund allocation and usage, optimize the structure of spending, and fully implement budget performance management next year, according to Liu.
The fund will be used to improve customer experience and expand new business and markets, the company said in a statement. It will explore using new energy vehicles and automatic driving technology, expand overseas and continue to invest in logistics infrastructure.
The government trimmed its 2017 growth target to around 6.5 percent, the lowest in a quarter of a century.
The fund will look for investment opportunities in areas including big data, artificial intelligence, information security, the Internet of Things, blockchain, social commerce and consumption upgrade. It will offer enterprise tech and fintech support for companies in the early stage and consumer tech support for those in the growth stage.
The government announced plans to reduce another 150 million tonnes of coal capacity in 2018 in its work report.
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The government will launch guarantee funds to support private companies and increase banks' willingness to offer loans to private companies, Ma said. Money supply to capital markets would improve in the short term, as sources of capital such as wealth management funds of commercial banks and insurance companies enter the market. Some local governments have also started to provide liquidity support to listed companies, and this will help ease the capital pressure they face, he said.
The government expects new energy vehicle output and sales to hit 2 million annually by 2020, and overall auto output to reach around 30 million by 2020 and 35 million by 2025, according to a plan released last year.
The game, dubbed Lego Cube, is developed and operated by Tencent Games under the license of the Lego Group, featuring Lego bricks, minifigures and other iconic Lego properties.
The government will also support foreign companies in investing in the city's healthcare, general aviation and first-aid transportation services, according to Zong.