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China's innovation and entrepreneurship initiatives began in 2014. Last month, the State Council, China's Cabinet, released a guideline that the government will encourage State-led investments as well as private investments in startups, especially those in the high-tech sector, to help finance innovation.

China's major boarding bridge provider Shenzhen CIMC-TianDa Airport Support Ltd has secured a 518.5-million-yuan ( million) order to make boarding bridges for Chengdu Tianfu International Airport, making it the largest single order in the sector in the country so far.

China's effective coronavirus containment also set the stage for the aviation sector in Wuhan, the Chinese city hardest hit by the novel coronavirus outbreak, to resume operations on Wednesday.

China's new energy vehicle market recorded another year of rapid growth in 2017 as the government continued its strong push for green transport. New energy vehicles refer to vehicles powered by non-traditional fuel, for example, electric and hybrid vehicles.

China's largest security software provider Qihoo 360 Technology Co Ltd on Wednesday signed a strategic partnership with Beijing–based Beihang University, as part of its larger efforts to tap into the national cybersecurity sector.Under the partnership, the company will work with Beihang University, one of China's top science and technology institutes, to cooperate in basic research on cybersecurity applications, cybersecurity talent cultivation and the construction of related subjects, as the rising concern over national security calls for deeper cooperation between governments, enterprises and institutes.