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China's artificial intelligence industry is creating real benefits for consumers and is set to grow considerably in the coming years, said industry insiders.

China's central bank will allow faster growth of money supply and credit to counter shocks of the coronavirus pandemic, putting more emphasis on economic growth and employment targets, experts said on Monday.

China will fully open its oil and gas exploration and mining market to qualified foreign and private enterprises, so that the industry will become further vitalized, under a pilot guideline released on Thursday by the Ministry of Natural Resources.

China will draft a series of laws and regulations to ensure smooth implementation of the newly approved Foreign Investment Law as the country seeks to further open up its economy to pursue high-quality development, Premier Li Keqiang said on Friday.

China's Ministry of Commerce (MOC) said Thursday that the US ban would end up having an adverse impact on the country itself.