China's largest mobile wallet Alipay will become more accessible in the United Kingdom, following an agreement between the company and UK card transaction platform Barclaycard to promote the app's acceptance among local merchants.
China's economy remains resilient, despite the nation's gross domestic product growing last year at its slowest rate for two decades, former central bank governor Zhou Xiaochuan said on Tuesday in London.
Editor's Note: The Government Work Report released on March 5 has charted a course for China's economic development for this year.
The launch of the science and technology innovation board at the Shanghai Stock Exchange is getting closer, with sponsors taking part in a test run of the new board's audit system on Wednesday.
Ling Wen, president & CEO of China Energy, said the State-owned company will continue its efforts in the clean and efficient use of coal, and will further promote clean energy including hydrogen energy, to meet China's commitment to combat climate change.
A national legislator has suggested that Shanghai, which operates the world's first commercial maglev line, should accelerate experiments and improve its technology to maintain a continuous advantage in this respect internationally.
China is accelerating its efforts on developing a national-level innovation center for high-speed trains in Qingdao, East China's Shandong province, aiming to be a global leading innovation force, officials said on Monday.
The Chinese government's investment in roads, water projects, logistics, and internet facilities in rural areas has enabled the rise of e-commerce entrepreneurs seizing new opportunities throughout the country. Many former migrants who once worked in factories or as deliverymen in cities in eastern China are now returning to their hometowns and establishing businesses.
China's commercial space sector is set for strategic growth in 2019 and more efforts are needed to promote the sustainable development of private space companies, said deputies at the two sessions.
China should start the construction of eight million-kilowatt nuclear power units annually by 2030 to ensure the steady development of the nation's nuclear industry and technology, said Liu Wei, a deputy to the 13th National People's Congress and general manager of China Nuclear Power Engineering Co Ltd, a subsidiary of China National Nuclear Corp, the State-owned nuclear power company.
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