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As billion is not a huge amount, it is more like a signal that the government expects to channel more capital inflows to support a strong Chinese currency and to maintain a stable foreign exchange reserve, according to Wu.

Around 976 companies' net profit growth rate surpassed 30 percent, and about 384 companies' net profits increased more than 100 percent in 2018, statistics from financial data analyzer Wind showed.

Approximately 700 people work at the power plant and a further 1,000 at the nearby mine which supplies it with lignite via a conveyor belt 24 hours a day, 365 days a year.

As China embraces innovation and upgrading throughout its economy, this facility, which has been described as a "4.0 digital factory", is truly representative of that trend, with the automation of many production processes and the extensive use of robotics and artificial intelligence.

Argentina on Tuesday reported 1,141 new cases of infection, the largest single-day rise since the outbreak was detected here on March 3.