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China's State Council announced the next artificial intelligence (AI) development plan on July 20, 2016, which stated that China will become "the most advanced AI innovation center in the world" before 2030 and China's core AI industry will see a production value of 8 billion.

China's biggest dairy producer Yili Industrial Group Co has shown its ambition to consolidate its position and expand its production line with its latest overseas acquisition plans.

China's GDP rose 6.2 percent in the second quarter from a year earlier, below the 6.4 percent expansion in the first quarter, the National Bureau of Statistics said on Monday. The bureau said the economy grew by 6.3 percent in the first half of the year, and over 7.3 million new jobs were created in urban areas.

China will provide service on scientific research and meteorology for the regional countries in the future, Wang added.

China's GDP growth was 6.8 percent year-on-year in the first quarter, indicating that the economy has remained on track after it registered 6.9 percent growth in 2017. Data for the second quarter showed that the economy continued to be resilient, laying a solid foundation for stable growth in the second half of the year.