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Industry

China to invest more in new type of infrastructure construction in 2019

January 17, 2019


Abstract : China will focus on the investment in strengthening the new type of infrastructure construction, promoting the construction of AI, industrial internet, and internet of things, and stepping up 5G commercialization in 2019.

BEIJING, Jan. 17 (Xinhua) -- China will focus on the investment in strengthening the new type of infrastructure construction, promoting the construction of AI, industrial Internet, and Internet of Things, and stepping up 5G commercialization in 2019.

Shanghai Securities News quoted Lian Weiliang, deputy director with the National Development and Reform Commission (NDRC) as saying on Monday that China will invest more in the infrastructure construction in China's rural and urban area in 2019, especially promoting the development of municipal administration and logistics.

Lian added that the country was expected to strengthen the capacity building of people's livelihood and public services, ecological environmental protection and natural disaster prevention, and promote the investment in pension, health and education.

Meanwhile, the country will also increase technological transformation and equipment renewal in manufacturing in 2019.  (Edited by Li Wenxin, liwenxin@xinhua.org)

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Keyword: China-5G China-AI China-Infrastructure-Investment

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