Yang said more efforts are needed to promote the "smart economy" that is driven by digitalized and intelligent technologies, in a bid to boost consumption growth, and spur transformation and upgrade of China's manufacturing industry.
Yan Ligang, head of Beijing's Commerce Bureau, said consumers are requiring a higher level of services, and upgrading the sector is essential to the capital's high-quality development.
Yang made the remarks during a speech at the 2nd Internet Infrastructure Resources Conference held in Beijing on Sunday. The conference brought together academicians from the Chinese Academy of Engineering and scholars from research institutes and think tanks, as well as internet entrepreneurs, to discuss topics on internet technology, industrial development and the digitalization progress.
Years ago, the preinstalled GPS system in cars was not that accurate. So he would download the city map online, find out the exact coordinates of his destination and understand the surrounding environment.
Yang also praised the members of her team for serving as listening ears for patients and helping them to "walk out of darkness into hope and happiness again"."One patient said upon his recovery, 'only those who haven't seen the nurses' eyes may believe the stars are brighter,'" she says.
Yang cleans the tactile paving on the bus. [Photo/IC]
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Xu made the remarks at the China International Big Data Industry Expo 2019, which kicked off in Guiyang, southwest China's Guizhou province.
Yang, speaking at a news conference, also said China now has about 130,000 5G base stations in operation nationwide. Moreover, the complete Beidou-3 global satellite positioning system also has improved the resolution to less than 10 meters, providing greater accuracy.
Ye Zhaojia, vice-president of Bank of China (Macao), said the banking sector has made advances over the last 20 years in tandem with the rapid growth of the city's economy.
Xun said the current value of stock repurchases in the A-share market is just 0.0049 percent of the total market capitalization during the first eight months of this year, much lower than the 0.7402 percent in the US markets. "There is ample room for further growth."