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"China will offer policy and financial support to food trade and infrastructure construction, aiming at encouraging Chinese grain enterprises to cooperate with Belt and Road countries," said Zhang Wufeng, head of the State Grain and Reserves Administration (SGRA) at an international food cooperation forum that closed Monday in Lanzhou, capital of Northwest China's Gansu province.

"Companies that are able to get the benchmark interest rates are few, and in most cases, bond-issuers have to accept banks' buoyancy, which is more than 20 percent. So, the cost of loans may end up higher than direct financing costs."

"Cooperation between the two partners started in 2016, and since then iFlytek's speech recognition technology has been adopted on Venucia's models D60 and T70," said Wu Xiaoru, executive president of iFlytek.

"China will continue to deepen digital financial inclusion, which will restructure traditional financial models and become a direction of business transition for financial institutions. Digital financial inclusion will bring changes to financial concepts and the organizational structure of financial institutions, restructure their business procedures, and improve their data integration capability and technical skills," said Zeng in delivering a report at the second China financial inclusion innovation and development summit recently held by People's Daily.

"Coal-powered electricity has dropped to 65 percent as a proportion of total electricity generation from about 85 percent five years ago," he said. "Such progress is significant."