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To draw them, China is preparing to launch depository receipts "very soon" to open the door to some top tech companies, the Shanghai Securities News reported on Friday, citing Yan Qingmin, vice-chairman of the China Securities Regulatory Commission.

To cope with the increasing demand for pensions, the ministry is investing pension money in equity funds, bank deposits and nationally backed securities, such as bonds.

Titled Towards a New Generation of Artificial Intelligence in China, the paper was written by 12 industry experts from prestigious universities such as Shanghai Jiao Tong University and leading companies such as Beijing-based technology giant ByteDance and Shanghai-based AI company Craiditx. According to the writers, China will become the top AI innovation center in the world by 2030.

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To date, the company has presence in 41 countries and regions such as Japan, Australia, Malta, India, Turkey, South Africa, Pakistan and Brazil.

To avoid stirring inflationary pressure while bolstering growth, officials are expected to refrain from a massive monetary stimulus but to resort to structural easing and fiscal stimulus in the coming months, analysts said.

To broaden their appeal to a wider global audience, the Shaanxi Provincial Office of Cyberspace Affairs Commission launched a media tour on June 12, inviting some 50 Chinese and overseas journalists from China’s major media agencies to map out their footsteps throughout the province in the upcoming 15 days.

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To date, the platform has sold 500,000 products with users exceeding 6 million.

To fix the problems, the Red Cross Society of China sent a working team to Wuhan to guide and supervise its local branches to better handle donated goods.

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To accelerate the process, Ho called for more of Macao's young people to seek development opportunities on the Chinese mainland, a much-vaster market. Whether to expand businesses, or simply get a first-hand experience of the nation's development, going to the mainland is a matter of course, said Ho.

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