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China has emerged as a leading fintech market globally, with analysts estimating the market size to have exceeded 3 billion by the end of last year, accounting for about 85 percent of the global market share.
China completed its first test exploration of natural gas hydrates, commonly known as combustible ice, in the South China Sea on July 9. The test lasted 60 days, with total production capacity and daily production capacity exceeding 300,000 cubic meters and 5,000 cu m, respectively.
China has identified 22 cities, including Beijing, Nanjing in Jiangsu province and Wuhan in Hubei province, as venues for comprehensive cross-border e-commerce pilot zones.
China has no problem with constructive dialogue as long as it is fair and balanced. It also prefers to have these conversations face to face, not conducted by the media or at public forums.
China has been scrambling to catch up to the U.S. cloud computing industry since around 2011, when a report prepared for the U.S. government identified a keen interest in cloud computing from business and military leaders in China. The market for cloud services in China is now expected to reach just over 0 billion in 2020, driven by homegrown startups, multinational corporations, and government agencies.
来源：资阳报