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BEIJING, June 26 (Xinhua) -- China will further cut the real interest rate on loans to micro and small enterprises, pilot reform measures regarding financial services for private, micro and small firms, support more intellectual property pledge financing and credit supply for the manufacturing sector, and promote innovation and the development of the real economy, the State Council's meeting chaired by Premier Li Keqiang decided Wednesday.

During Li's three-day visit to Hungary, he also visited a Hungarian-Chinese bilingual school, the European logistics center of information and communications technology giant Huawei, and a China-Europe logistics cooperation park for trade and business.

Tianjin has established a complete autonomous information industry including high-performance chips, autonomous control system, high-performance server and database, setting up a model on the transformation of technologic innovation achievements, said Li Xiang, vice president of the National University of Defense Technology.

This garbage sorting VR game debuted at the Mobile World Congress Shanghai last week. Although this is not the only VR game in the venue, visitors lined up around the booth to explore the game because of its garbage sorting theme.

Despite discussion about a "consumption downgrade," McKinsey's 2018 Global Consumer Sentiment Survey showed that 26 percent of Chinese respondents were trading up overall, compared with 17 percent in 10 other top economies.