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But, as technologies like fintech make rapid advances through innovation, central bankers have been trying to wrap their minds around the potential impact of digital currencies on monetary policy, financial stability, and cybersecurity.

Buzzfeed reports today that unnamed sources say?Google is planning to launch the service at an advertising conference later this spring. Those sources say the product could recommend home improvement providers when certain searches are conducted.

But the Jinan, Shandong province-based company wants to achieve more. So, it is consolidating, expanding and charting new paths into the international market, company executives said.

By 2022, China is predicted to produce over 360 GW of green energy, representing 40 percent of the world's total output, according to the report.

But, the association estimated on Friday that China is expected to sell 25 million vehicles this year, down just 2 percent from 2019.