20191017 China News
Source: | Author:eacham | Published time: 2019-10-17 | 690 Views | 🔊 Click to read aloud ❚❚ ▶ | Share:

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The 5G self-driving minibus developed by BroadXT Inc is set to make its global debut on the first day of the sixth World Internet Conference, which will be held on Oct 20-22 in Wuzhen, Zhejiang province. The vehicle will be used to help ferry participants to the venue during the conference.

The size of China's cloud computing industry is expected to exceed 300 billion yuan ($42 billion) in 2023, according to a white paper released by the Institute of International Technology and Economy (IITE).

China will soon release a national regulation on improving the country's business climate by establishing a fundamental framework of rules to provide institutional safeguards for investment and business operations by all types of market players, domestic and foreign.

The Chinese central bank and the nation's foreign exchange regulator further eased rules for foreign institutions investing in China's interbank bond market, a measure to further open the financial sector, according to statements released on Wednesday.

China is further opening up its financial sectors to foreign investors by loosening regulatory requirements and lifting business restrictions on foreign banks and insurance companies.

China's railway network reported steady growth in cargo and passenger transport in September, latest data from the China State Railway Group Co Ltd showed.

Airbus, one of the largest helicopter sellers in the world, will step up its localization strategy and investment in China, a top company official said.

Source：Globaltimes, Xinhuanet, Chinadaily, Shine, Gdtoday，China Plus News

Author: Producer Emilio Mendez

Speaker: Caroline Parraguez

Edition: EAcham

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