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China's ambassador to Kenya, Liu Xianfa, and other embassy officials applaud as they join performers on stage at the end of the gala. [Photo by Liu Hongjie/chinadaily.com.cn]

China's blockchain market heated up after the endorsement from the country's top leadership as its market size, as measured by annual spending, is forecast to hit billion by 2023 and record a compound annual growth of 65.7 percent from 2018 to 2023, said market consultancy IDC.

China's aviation industry is expected to welcome a boom year in 2018, following a series of favorable industrial policies, Shanghai Securities News reported on Monday.

China will implement its proactive fiscal policy with larger tax cuts this year, and more effective measures will be unveiled in the coming months, officials said. The aim is to strengthen economic growth and deepen supply-side structural reform, according to the policy tone-setting annual Central Economic Work Conference held in December.

China's AI market will hit .27 billion in 2020, according to the 2020-2021 evaluation report on China's AI computing power development, jointly released by global market research firm International Data Corporation (IDC) and cloud computing and big data supplier Inspur Group.