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China aids globalization better than any other country and has surprised the world with the development of its digital economy, former Portuguese deputy prime minister Paulo Portas said on Saturday.

China Merchants Bank Co Ltd, a Shenzhen-based commercial lender with a strong foothold in retail banking, applied facial recognition technology to help identify fraud during application process for an online personal loan product, with a fast, simple and automatic procedure of approval.

China National Aviation Fuel Group Ltd, in a media release issued on Tuesday, described its investment in Tibet as part of its social responsibility, and said the company's efforts had contributed to people's livelihoods, border security and emergency response in the thinly populated area.

China and France signed more than 70 agreements covering economic and financial cooperation on Friday aimed at strengthening bilateral trade and investment relations and for the joint development of the advanced manufacturing industry.

China aims to build a database that includes all the eligible people for social insurance to implement targeted beneficiary measures, according to the Ministry of Human Resources and Social Security.