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China's A-share market opened buoyantly in Thursday morning trading, climbing higher over excitement about MSCI's decision to include mainland shares in a key index. But gains were erased in the afternoon on profit-taking and weakness in small-cap stocks. Analysts, however, said they remained bullish about A-shares in the long run as a result of the development.

China's Ant Financial Services Group reached a strategic partnership agreement and signed a Memorandum of Understanding with Norwegian Telenor Group in an effort to bring mobile payment and inclusive financial services to individuals and small and micro businesses in Pakistan.

China's challenge is to increase investment in digitalizing and labeling data, while ensuring all information stored is relevant, Zhang said.

China will foster new growth models of the platform economy, promote the development of the "internet plus service industry "and encourage social capitals to invest in sectors like medicare, education and tourism. [Photo/IC]

China's A-share market is showing signs of a slow recovery, with the Shanghai Composite Index rising 0.56 percent to close at 2610.51 points on Monday and the Shenzhen Component Index gaining 0.59 percent to close at 7626.24 points.