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China is not going to have a large-scale consumer price inflation though the novel coronavirus outbreak will lead to higher CPI pressure in the short term, a central bank official said on Saturday.

China is gradually shaping up to be a global leader in the field of artificial intelligence, as it has for the first time surpassed the United States in equity funding to AI startups, according to a recent report.

China is the world's second largest oil consumer after the United States. Demand is likely to soar in the future as the country is thirsty for the source of energy to fuel its economic boom.

China is joining hands with foreign aviation authorities and operators to boost professional training, spare-part support and aviation network building, according to AVIC International.

China is embracing the business aviation market, with a series of new policies which aim to make it quicker and easier for individual buyers to acquire aircraft.