In his speech at the summit, Nappo noted that although technology and innovation has enabled faster financial services, the number of fraud cases is also on the rise, and no innovation is immune to cyber hacking.
In his opening remarks, Bozkir asked UN member states to uphold multilateralism.
In one decision coming from the meeting, the amount of time required to start a business in municipalities, sub-provincial cities and provincial capitals will be reduced by the end of the year from an average of more than 20 workdays to just over eight. This measure also will be introduced in five cities, Dalian, Qingdao, Ningbo, Xiamen and Shenzhen. Other areas also will be required to make progress, to be followed by national implementation in the first half of next year.
In his toughest comments yet on the issue, South Korean President Moon Jae-in said on Monday that the measure threatens to shatter economic cooperation between the two neighbors and could damage Japan more than South Korea. Moon accused Japan of abusing its leverage in trade to punish South Korea over their historical dispute. Moon also called on Japan to return to a diplomatic stage to resolve the trade row.
In healthcare, shares of Johnson & Johnson rose 1.9 percent and UnitedHealth Group gained 4.7 percent after their quarterly reports.
In line with the trend, Shandong Linsen Biotech Co Ltd, a skincare company based in Linzi county, has produced hand-held devices that allow its customers to make their own skincare products at home.
排名优化
In his Berlin speech, Moon also proposed holding Red Cross talks with the DPRK for the reunion of separate families of the two Koreas on Oct 4 that marks the 10th anniversary of the Oct 4 joint declaration and also the traditional Chuseok holiday.
In order to secure legal financing and support key infrastructure construction projects, local governments are encouraged to issue special bonds. The government plans to issue 1.35 trillion yuan (2.9 billion) of special bonds in 2018, an increase of 550 billion yuan from a year earlier. The scope of the use of special bonds is also pledged to expand.
In one case, a real estate agency based in Luoyang, Henan province, collected more than 68,000 pieces of personal information without consent from the owners of houses that it sold. The information covered names of the property owners, their telephone numbers, housing locations and the sizes of their homes.
In his opening remarks, Bozkir asked UN member states to uphold multilateralism.