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Restrictions on sectors where insurance funds may be used for financial equity investment will be lifted, and the quota transfer of equity investment and venture capital investment will be piloted in regional equity markets.

Revenue from the China market was .8 billion, up 12 percent year-on-year and up 22 percent sequentially.

Roan Kang, vice president of Microsoft Greater China, said to assess organizations' approach to innovation, the study has introduced the Culture of Innovation framework, which spans the dimensions of people, process, data and technology.

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Rumbling sound can also be heard, the institute said.

Restaurants, cafeterias, craft sellers and the iconic convertible vintage cars thrived with thousands of tourists supporting their activities and directly engaging with the booming sector which currently employs more than 584,000 Cubans.

Rita Liu, Alipay's chief in Europe, said the cooperation with Finnish authorities would further explore the scenarios that have access to Alipay and thus better serve Chinese tourists.

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Robert Erwin, president of iBio Inc and Wang Yueju, chairman of CC-Pharming Ltd shake hands on Tuesday in Bryan, Texas. [PHOTO PROVIDED TO CHINA DAILY]

Rolling back red tape and bringing in a streamlined regulatory model have become priorities.

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Retirement for military personnel, therefore, will also change to twice a year, according to the statement.