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China's recent ban on initial coin offerings is not expected to deter the commercial usage of blockchain technology, analysts said. Rather, they believe the ban to be a necessary step for better regulation of the technology.
Chinese Foreign Ministry spokesman Geng Shuang made the announcement on Thursday.
China's top legislature approved the establishment of the Shanghai Financial Court in April.
China's second-largest e-commerce player JD will open more than 1,000 7Fresh fresh food stores across the country in the next three to five years, eyeing the opportunities emerging from the fresh food retail sector.
China's spectacular growth used to be built on cheap manufacturing, low-end exports and smokestack industries. Now, with a wealthier domestic consumer base as well as technological progress, it is reconfiguring the economy for more consumption, more innovation and less pollution.
来源：资阳报