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Digital China Holdings Limited, one of the largest integrated information technology services providers in China, announced plan to establish a joint smart city planning institute in Guangzhou, the capital of Guangdong province, on Monday.
Domestic robot makers are gaining steady progress despite mounting competition from foreign rivals such as ABB Group of Switzerland. In the first half of this year, China produced 59,000 units of industrial robots, up 52 percent from last year, official data shows.
Ding Shizhong, chairman and CEO of Anta Sports Products Ltd, poses at a news conference in Hong Kong, Aug 6, 2014.[Photo/IC]
Domestically, the Chinese people's life quality has seen a marked improvement, the ambassador noted, with the average life expectancy in China reaching 76.34 years in 2015 and more than 700 million people having been lifted out of poverty since 1978, according to the World Bank.
Direct currency trade and settlement can lower exchange rate risk and make investments more convenient, Yi said. "Financial cooperation will enable China and countries along the routes to open and integrate further in a broader scope."
