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Chinese President Xi Jinping announced in May this year that China would hold the International Import Expo starting 2018.

China's technology, media and telecommunications (TMT) sectors saw 49 initial public offerings in the second half of 2017, garnering a total of 50.2 billion yuan ( billion), according to global accounting firm PwC.

China's southwestern municipality of Chongqing, home to more than 3 million registered cars, had the worst traffic congestion among 50 major cities in the second quarter this year, a recent traffic analysis report says.

Chinese Premier Li Ke-qiang said in the Government Work Report in March last year that the development of emerging industries such as AI should be accelerated in China, marking the first time AI was ever mentioned in the report. According to a guideline released by China's State Council in July, the value of the Chinese AI industry would exceed 1 trillion yuan by 2030.

China's reforms have completely overhauled its economy, urbanized society and improved living standards. The nation has entered a new era with a massive plan for turning into a modern socialist country.