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China’s deepening reform and ongoing opening-up is set to generate new opportunities for the shared development of China and the United Kingdom, and for the wider world, China’s ambassador to the UK said on Tuesday.

China, one of the world's largest investors and adopters of digital technologies, is with a very large domestic market of consumers who are young and eager to embrace digital in all its forms.

China's recent tax reduction move will boost the growth of small and micro-businesses and encourage stronger technological innovation.[Photo/VCG]

China's top leader recently called for stepping up efforts to develop the new generation of artificial intelligence technology and stressed that China will unswervingly encourage, support and guide the development of the non-public sector and support private enterprises to develop toward a broader stage.

China's renewables consumption grew by 29 percent in 2018, accounting for 45 percent of global renewables consumption growth, figures from the 68th annual edition of BP's Statistical Review of World Energy showed.