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Chinese private businesses are an indispensable force driving the country's development. They are currently responsible for over 60 percent of fixed-asset investment, more than 70 percent of innovation and over 80 percent of urban employment.
Chinese actor Xu Weizhou attends Fendi Fall/Winter 2018-2019 show as part of Milan Fashion Week on January 15, 2018 in Milan, Italy. [Photo/VCG]
Chinese genomics firm Genetron Health announced on Wednesday that its semiconductor high-throughput sequencer GENETRON S5 had been approved by Chinese regulators, becoming the first new-generation desktop semiconductor high-throughput sequencer for use in clinical applications in China.
Chinese listed banks have continued use fintech to drive the transformation of the branches and operational reforms. In 2016, the total number of branches in large commercial banks declined for the first time, it found, while the proportion of smart branches increased further.
Chinese companies are expediting the pace of digitalization through several means, such as launching digital products, introducing digital payments and embracing e-commerce and automation, according to the study, titled "Culture of Innovation: Foundation for business resilience and economic recovery in Asia Pacific".
来源：资阳报