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China will step up efforts to boost high-end and intelligent equipment manufacturing, and accelerate innovations in sensor and control system as well as industrial software to upgrade the country's traditional industries, said Xin Guobin, vice-minister of Industry and Information Technology.

China's asset management businesses have experienced rapid growth in recent years, but their expansion has also caused high leveraging and shadow banking, which authorities have attempted to rein in.

China will continue with supply-side structural reform and produce more appealing policies to attract foreign professionals to work here in an enhanced effort at opening-up further in 2018, Premier Li Keqiang said on Monday.

China will heavily promote cloud services for one million enterprises, and build a batch of cloud service platforms and cloud experience centers with influence by 2020. [Photo/IC]

China's capital Beijing has completed the training of 3,420 subway attendants who work to discourage passengers from misbehavior including eating, playing music out loud and irregularly occupying seats, announced the authority on Thursday. Wang Yuwei, head of the security department of the Beijing Subway, said on Thursday that the attendants have started this work for one week in eight subway lines.In the previous week, they found seven cases of eating and three cases of irregular seat occupation, Wang said. According to a report by Beijing Youth Daily, the first group of subway attendants started working in June 2017. By then, their main task was to stop begging and illegal business promotion on subways. If the attendants fail to stop severe misbehavior, they will hand it over to the police.