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China's State Council announced the next artificial intelligence (AI) development plan on July 20, 2016, which stated that China will become "the most advanced AI innovation center in the world" before 2030 and China's core AI industry will see a production value of 8 billion.
China's biggest online travel agency, Ctrip.com International Ltd (Ctrip), announced that its net revenue surged 45 percent year-on-year to 6.4 billion yuan (6 million) in the second quarter (Q2) ended June 30.
China will work to ensure that government departments and State-owned enterprises clear their undisputed arrears owed to private and smaller businesses as much as possible by the end of this year, and resolute efforts will be made to see the task through, the State Council's executive meeting chaired by Premier Li Keqiang determined on Wednesday.
China's business environment showed one of the strongest improvements worldwide in the 12 months ending May 1 thanks to its robust reform agenda, according to the World Bank Group's Doing Business 2020 study issued in late October.
China will remove foreign ownership restriction in the securities, fund management and futures business next year, meaning that foreign financial institutions can have 100 percent control of their business entities in China.
来源：资阳报