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Computer coding becomes increasingly popular around the world, as artificial intelligence (AI) is shaping people's everyday life with applications in numerous sectors, from smartphones to self-driving cars.

Commenting on China's economic performance in 2018, the ex-Morgan Stanley senior executive stressed that it would be important to look behind the headline gross domestic product (GDP) report and examine carefully the components of the gain -- especially the split between tertiary and secondary activity in order to assess China's ongoing progress in structural rebalancing.

Companies without or with few layoffs can get a 50-percent refund of their unemployment insurance premiums paid in the past year, according to the guideline.

Compared with traditional infrastructure, "new infrastructure" will attract more market entities such as internet firms to invest, said Hu Qimu, a senior researcher with the China Digital Economy Institute.

Concrete cooperation includes coordinating development strategies with the Arctic States, encouraging joint efforts to build a blue economic passage linking China and Europe via the Arctic Ocean, enhancing Arctic digital connectivity, and building a global infrastructure network, it said.