China will further open its doors to overseas investors by lowering the market access threshold and optimizing the investment environment, the Ministry of Commerce said on Thursday.
China unveiled a three-year plan on Thursday to boost the application of artificial intelligence in automobile, robots, healthcare and other sectors, in its latest push to upgrade the country's real economy.
Chinese logistics firm SF Holding Ltd announced on Thursday an investment of 2.3 billion yuan ($348 million) to build Asia's first professional cargo airport in the heart of the country.
China's decision to further open up its banking sector will broaden the scope of foreign banks' business, improve market efficiency through competition and contribute to the steady development of the Chinese banking sector, according to bankers and academics.
China is accelerating its efforts to open up upstream oil and gas resources by auctioning five more oil and gas exploration sites in the Xinjiang Uygur autonomous region.
China is expected to complete the China-Russia East-Route Natural Gas Pipeline by the end of 2020, which will send up to 38 billion cubic meters of gas annually from Russia to China, according to China National Petroleum Corp.
Amid the enthusiasm shown by the government and domestic technology companies for research and development of artificial intelligence, global technology giant Google announced on Tuesday the opening of its AI center in China.
French baby milk maker Lactalis Groupe's ongoing recall of thousands of products over fears of salmonella bacteria contamination in China is expected to hurt its brand reputation among Chinese consumers and have a negative impact on its market share in the country, according to industry experts.
Chinese home-sharing company Xiaozhu Inc will partner with Alipay, China's largest mobile payment platform, to launch face-recognition-enabled smart locks by the end of this year, to improve its services amid competition with United States counterpart Airbnb Inc.
China's technology titans are waging war on yet another front: automobiles.
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