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China's emphasis on new infrastructure will better drive the nation's economic restructuring push, a senior executive from Intel Corp said, as the US chip giant works to maintain production in its local factories despite the COVID 19 pandemic.
China's insurance giant Ping An Group is innovating applications of artificial intelligence, big data and analytics to strengthen various countries in areas like road traffic management, smart cities and agriculture.
China's investment in property development expanded 7.9 percent year on year in the first seven months of this year, down from 8.5 percent in the first half, NBS data showed.
China's major SOEs will complete corporate governance reform by the end of 2017, according to a State Council action plan released in July. The reforms target SOEs supervised by the central government, excluding financial and cultural firms.
China's monetary policy will be determined primarily by the domestic economic situation, which requires relatively a lower interest rate level to reduce companies' financing costs, said analysts.
