The Hangzhou-Shaoxing-Taizhou line in East China's Zhejiang province, which is the first privately controlled high-speed railway line in China, is expected to become the country's first railroad line managed by artificial intelligence, according to the companies responsible for the railway's construction.
Chinese ride-sharing company Didi Chuxing plans to invest more than 2 billion yuan ($291 million) this year to strengthen safety mechanisms for passengers and drivers on its platform.
Major Chinese automaker GAC Motor has made great contributions toward the protection and preservation of what will be China's first national park - Sanjiangyuan National Park - which is set to open to the public in 2020.
GAC Motor's new flagship sedan GA6 will be available for presale on July 20 and will be officially launched in August.
After burnishing its credentials as a hub for finance and shipping, Shanghai is looking to be a global destination for science and technology efforts by setting up specialized artificial intelligence hubs and stepping up smart manufacturing development.
China's banking and insurance regulator recently issued guidelines that require banking and insurance institutions to offer comprehensive financial solutions to companies in the upstream and downstream of a supply chain based on real business transactions, making a new effort to tighten regulation of supply-chain finance.
China is considering building the personal bankruptcy system and will take measures to root out zombie companies from the market, as part of its greater goal to foster a more efficient economy, said the country's top economic regulator.
The battle over 5G smartphones has intensified in China, with the first batch of eight 5G phone models having obtained the quality certificate needed to hit the market.
Beijing's regional GDP hit more than 1.52 trillion yuan ($221 billion) in the first half of 2019, growing 6.3 percent year-on-year, and output by the tertiary industry rose 6.5 percent to 1.26 trillion yuan due to the strong contribution of the financial and service sectors, Beijing's statistics authority said.
A financing platform for small - and medium-sized enterprises in Guangdong province will be officially launched in September, aimed at efficiently providing fundraising solutions for SMEs, a senior official with the local financial supervisory authority said.
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Raymond Zhou
Op Rana
Berlin Fang
Zhu Yuan
Huang Xiangyang
Chen Weihua
