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China's Internet giant Tencent is betting on the country's smart transportation market. [Photo/IC]
China will host the SCO summit this year in Qingdao, Shandong province. It is expected to be a new milestone in the history of the SCO, Li said.
China's big internet firms saw steady business revenue growth in the first five months of this year, with the stable market expansion of online gaming and video and music streaming apps.
China will extend 1,000Mb broadband connections to more than 300 cities and cut average service rates by 15 percent for small and midsized enterprises this year, under a decision released on Wednesday following a State Council executive meeting chaired by Premier Li Keqiang on Tuesday.
China will operate more than five magnetic levitation rail lines with maximum speed of 160 kilometers per hour in cities including Chengdu, Wuhan and Guangzhou by 2020, manufacturer CRRC Dalian Co Ltd said on Monday.
来源：资阳报