Equities pared losses on the A-share market on Wednesday even as most of the other Asian bourses exhibited a mixed trend on concerns about the ongoing trade dispute between China and the United States.
The Society for Worldwide Interbank Financial Telecommunication (SWIFT), a global financial messaging platform based in Belgium, is stepping up its localization strategy in China to meet domestic financial institutions' growing demand for cross-border financial transaction services, a senior executive said.
China's leading supercomputer manufacturer Dawning Information Industry Co Ltd, also known as Sugon, hopes to further integrate its advanced computing technology with more emerging industries, such as biologicals, new energy vehicles, high-end manufacturing and environmental protection, all of which have huge demands for such cutting-edge technology.
At Sunan Shuofang International Airport, automatic package sorting equipment can sort 36,000 packages every hour with a 99.99 percent accuracy rate.
Three inland provinces were the mainstay of rising domestic consumption in China during the first three months of this year and the momentum is set to continue on the back of friendly policies, tax reforms and steps to boost innovation, officials said.
The Chinese economy is projected to grow steadily this year, with full-year GDP growth rate likely to reach 6.4 percent year-on-year, investment bank JPMorgan said on Tuesday.
China is stepping up its efforts to develop the industrial internet to foster new growth drivers and promote high-quality economic development, officials from the Ministry of Industry and Information Technology said on Tuesday.
"New first-tier cities" like Hangzhou in Zhejiang province, Chengdu in Sichuan province and Nanjing in Jiangsu province have become popular destinations for talent in the past three years, a new report said.
China's gold market is one of the most transparent and regulated on the globe and should be the model of what the rest of the world should look up to, said industry experts.
Gold consumption in China reached 286.93 metric tons during the first quarter, up 0.69 percent year-on-year, against the backdrop of cuts in gold production by China planned for the first six months of this year, according to the China Gold Association.
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