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As per the report, current high uncertainty, low interest rate and soaring gold price might continue spurring investment demand of gold. "We are still at the early stage of a gold cycle," Wang Lixin, managing director of the World Gold Council in China, said.

As the gateway to Southwest China and a major industrial base, Chongqing, which is located on the upper Yangtze River, has played an important role in the country's development, particularly as a national defense manufacturing area in the 1960s.

As recently as the 1990s, Seattle was what Smith called an eight-hour city. People drove to work from the suburbs, finished off their day and drove back. The South Lake Union neighborhood had yet to be turned into the massive tech hub it has become. At the time, Microsoft co-founder Paul Allen was trying to turn the neighborhood into a local version of Central Park. Voters twice rejected the plan, and the land reverted back to Allen. That set the stage for the?redevelopment of the neighborhood that eventually led to?Amazon’s decision to make South Lake Union?its home base.

As the government plan to channel more funds into infrastructure construction and cut taxes and fees for the corporate sector gradually takes effect, the PPI may continue to rise in the first half of this year, said Guotai Junan Securities in a note.

As the country encourages the use of green vehicles to tackle pollution, the company has been pushing forward the construction of EV charging piles in recent years to facilitate green transportation via private EVs as well as the more than 10,000 electric buses and taxis in Beijing.