The contactless NFC mode has been widely accepted by merchants where frequent, low-value payments are the order of the day-restaurants, convenience stores, bus stations and subway train stations.
The consortium, which consists of three companies - China's Shandong Kerui, and Mexico's Sicoval MX and Nuevas Soluciones - obtained the contract for Area Six, a field of 193 square kilometers in the Veracruz oil belt, which has potential to provide liquefied gas.
The constructive talk this week has helped ease concerns at least for now about a trade war, in which there would be no winners. Those concerns, triggered by unilateral US tariff measures, have in the past months rattled the financial markets and injected uncertainty into the business community and global economy.
The country must "shift to a society and economy based on the premise that the population will decline," he said.
The country should also clarify the responsibilities of shareholders, creditors, local governments and financial supervision departments. Investigations and punishments are needed for financial institutions, regulatory authorities and local governments that are responsible for major financial risks, so as to effectively prevent the risk of moral hazard.
The country has promoted the Hualong One at home and abroad.
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The contest was co-hosted by China Foreign Affairs University in 2018.
The country will build 92 demonstration bases in designated areas, enterprises, universities, and research institutes, according to a circular released on Thursday by the State Council, China's cabinet.
The conference is expected to bring together governments, businesses, experts and scholars from Asia and the rest of the world to discuss urgent issues on economic development and the security situation. This should result in a document such as the 2020 Declaration on the Development and Security of Regional Economies.
The core CPI, which excludes food and energy prices, rose 1 percent year-on-year, edging down from 1.5 percent in the previous month.