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Chinese banks extended a record 13.5 trillion yuan in new loans last year, up from 12.6 trillion yuan in 2016.
Chinese firms, along with peers from other manufacturing nations, have started to transfer at least part of their production bases to less-developed economies in search of lower labor costs. Domestically, the government is pushing industries to move up the value chain, shifting to a new growth pattern based on innovation rather than cheap labor.
Chinese online video streaming platform iQiyi Inc is continuing to see strong growth in its membership services as it witnessed 100.5 million subscribers in the second quarter of 2019.
Chinese artificial intelligence startup 4Paradigm has gained momentum in developing an AI operating system, as more up and coming domestic companies are turning to homegrown solution providers given current global trade uncertainties.
Chinese customers in general have warmed to autonomous driving vehicles this year, while more younger people preferred human driverless taxis - but experts are divided on the challenges that automakers face.
来源：资阳报