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Chinese company Jiangsu Jintongling Fluid Machinery Technology plans to provide A.9 million(.97 million) of matching funds for the project, which costs a total of A million (.19 million) and also involves University of Newcastle researchers, according to the agency.

Chinese conglomerate Fosun is putting its full weight behind Hainan’s bid to become the beach holiday resort of choice for European travelers.

Chinese e-commerce giant JD reported its net revenues reached 576.9 billion yuan (.9 billion) in 2019, representing a 24.9 percent increase year-on-year, with its annual active customer accounts rising by 18.6 percent to 362 million last year from 305.3 million in 2018.

Chinese entrepreneurs share his ambitions. Liu Qiangdong, founder of e-commerce giant JD, announced at the congress that the company would renovate 800 logistics centers in China with AI technologies in the next five years.

Chinese police caught 19,345 telecom fraud suspects in 2016, according to the Supreme People's Procuratorate in March.