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China is set to become the world's largest payment market by 2020, according to research firm Global Data Plc.

China is Uruguay's top trade partner and the latter was the first country of Mercosur, a South American trade bloc, to sign the memorandum of understanding on the joint building of the Belt and Road Initiative (BRI) with China in 2018.

China is embracing new growth momentum in the industrial internet, as the country strives to gain a beachhead in the next generation of industrial development globally, the top industry regulator, government officials and experts said on Sunday.

China is calling on local authorities to relax restrictions on car purchases, which would help unleash the potential of the world's largest auto market, according to analysts.

China in June officially approved 5G commercial services, marking the start of a smart new era as the application of the superfast wireless technology helps connect more services, sectors and people from all walks of life.