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China's shipbuilding sector experienced a strong momentum in the first three quarters of this year with growth in both completed orders and new orders, according to data released by the China Association of the National Shipbuilding Industry.

China's telecom gurus have pledged to uphold the development of the Narrow Band Internet of Things (NB-IoT), an emerging but fast-growing technology that enables the connection of billions of electronic appliances, shared bikes and street lamps into the internet and allows for a handy retrieval of the massive trove of data generated.

Chinese Premier Li Keqiang inspects Internet Plus education at a middle school in Yinchuan, Northwest China's Ningxia Hui autonomous region, June 4, 2018. [Photo/Xinhua]

Chinese Ambassador Li Junhua noted that the Chinese support was an example that indicated the vision of a community with a shared future for mankind. "The team members are heroes in harm's way," said Li.

China's top banking and insurance regulator issued draft rules on commercial banks' online lending business in May. The regulator affirmed the cooperation between banks and third-party institutions on offering online lending services to small businesses and gave specific instructions on how to promote sound development of this business model. Now that the policy is clear, banks and third-party institutions will make long-term arrangements accordingly, Bai said.