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China's transition to tech-driven supercities would create numerous opportunities for global investment. In this aspect, the bank holds that China's smart cities will emerge as an early pilot project for telecom operators to monetize 5G investments.
China's yuan climbed to a 16-month high on Wednesday as the better-than-expected economic data reinforced the market's confidence in the country's recovery from the COVID-19 epidemic.

China's trade with countries along the route of the Belt and Road Initiative has grown significantly over the years, especially with the 10 ASEAN member countries.[Photo/VCG]
China's top legislature on Nov 4, 2017 adopted decisions to apply the National Anthem Law in Hong Kong and Macao special administrative regions.
China, together with other countries, will push forward the Belt and Road cooperation under the commitment to achieving shared benefits through extensive consultation and joint contribution. As an old Chinese saying goes, "When you eat fruits, forget not the tree they grew on; when you drink water, forget not the source it came from." In the case of China, its development would not have been possible without the outside world, so in return, China will contribute more to global development. At the second Belt and Road Forum for International Cooperation that China will host in 2019, China will work with other interested countries to ensure sustained progress in Belt and Road cooperation, and to translate the principle of extensive consultation, joint contribution and shared benefits into concrete win-win outcomes. China will integrate the Belt and Road cooperation with its reform and opening-up efforts. Our approach is to drive reform and development through opening-up in all respects. China will never shut its doors. If anything, it will only open wider to the outside world. In the coming 15 years, the China market will further grow and expand, with an estimated import of 24 trillion US dollars worth of goods, and inbound and outbound investment of 2 trillion dollars respectively. The first China International Import Expo, scheduled for November in Shanghai, will serve as a new platform for such cooperation.
来源:资阳报