Fiscal and tax subsidies for the construction of underground gas storage facilities and improvements to the pricing mechanism for natural gas will help China achieve a more open gas market system, according to industry insiders.
Ralf Scheller, member of the Executive Board of TUV Rheinland AG, an international testing, inspection and certification services provider, believes that the Chinese market is key to the company's growth prospects in providing technological services as a result of the country's fast development.
China's foreign exchange reserves rose to a 14-month high in US dollar terms at the end of June, amid higher asset values and generally balanced foreign exchange supply and demand, the top foreign exchange regulator said on Monday.
The opening-up of the Chinese financial market is reflected by the overseas investors swarming into the Chinese bond market.
China Tower Corp, which manages most of the nation's telecom towers, is working to reduce the construction cost of 5G networks across China by sharing existing public resources as much as possible.
The number of China's centrally administered State-owned enterprises has been reduced to 96 after the central government approved a restructuring plan involving Beijing-headquartered China Poly Group Corp and China Silk Corp, the country's top SOE regulator announced on Monday.
The government's widening of market access for foreign investment in the urban gas and heat-supply pipeline network represents a major opportunity and has been well received by domestic gas companies.
In Fuzhou, capital of East China's Fujian province, a white, 5G-enabled, sensor-rich agricultural robot moves between two rows of leafy greens in a greenhouse, collects data about the plants, and feeds it back to the control room.
China National Heavy Duty Truck Group Corp - Sinotruk - is seeking bigger market share overseas, and expects this year's exports of heavyduty trucks to reach 45,000 units, up almost 24 percent year-on-year, a key company executive said.
The government of Shanghai is sewing up a plan for the introduction of artificial intelligence in a variety of fields, as part of the metropolis' efforts to pioneer the nation's AI drive.
Now is an exciting time to be an engineer or technology enthusiast. We're starting to see ideas that were talked about as only concepts in science fiction, making their way into the mainstream.
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