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Chinese authorities have released a guideline to promote digital technologies in rural areas as part of their efforts to advance agricultural and rural modernization.

Chinese consumers' readiness to embrace new technologies and local companies' willingness to support cutting-edge projects with big checks make China the hotbed of experimentations with new ideas, Garson said.

Chinese online grocery and delivery company Dada-JD Daojia recently announced a formal collaboration with French hypermarket chain Carrefour SA, with a plan to have approximately 200 Carrefour stores having presences on JD Daojia by the end of this year.

Chinese internet giant Tencent Holding Ltd has invested in several traditional retailers, such as Carrefour SA's China unit and Yonghui Superstores, but its chairman, Pony Ma Huateng, said that the company does not plan to directly take up retail business itself.

Chinese conglomerate HNA Group, the parent company of China's biggest private commercial airline, said it is on course to fulfill its plan to help 1,000 cataract patients with eye surgery in Cambodia.