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Chris Clark, regional president of Visa Asia-Pacific, said at the summit that the payment environment in China differs significantly from other markets. Mobile payment takes the lion's share in China, while credit cards, or any other plastic cards, are less used. Therefore, Visa has focused on cross-border services to Chinese consumers, as Chinese are second to none when it comes to overseas travel.

Classified dustbins at a street in Guangzhou, Guangdong province. [Photo/VCG] 

Civil aviation is one of China's strategic industries, and the opportunities for digital and intelligent technologies would help improve efficiency and reduce costs.

City's last remaining bricks-and-mortar clothes repair shop struggles on

Christian Chabot