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China's telecom gurus have pledged to uphold the development of the Narrow Band Internet of Things (NB-IoT), an emerging but fast-growing technology that enables the connection of billions of electronic appliances, shared bikes and street lamps into the internet and allows for a handy retrieval of the massive trove of data generated.
China's top securities regulator on Friday removed the profitability requirement for two consecutive years for companies that seek to float shares on the startup ChiNext board on the Shenzhen Stock Exchange. The China Securities Regulatory Commission said at a news conference in Beijing it is revising refinancing rules for listed companies and is soliciting public opinion on the draft revision.The goal is to further simplify procedures for listed companies to raise funds, improve the arrangement for private placement and support companies to introduce strategic investors, according to Chang Depeng, a CSRC spokesman.

Chinese Premier Li Keqiang holds talks with visiting German Chancellor Angela Merkel, at the Great Hall of the People, in Beijing, capital of China, May 24, 2018. [Photo/Xinhua]
China's urbanization process has been very rapid. In 1980, less than 20 percent of its people were urban dwellers, rising to 58 percent in 2017, according to the World Bank. This is a huge transformation in the lives of hundreds of millions of people.
China-CEEC cooperation has played a constructive role in enhancing China-CEEC ties and promoting the process of European integration, said Li.
来源:资阳报