The multi-functional light poles can provide additional services such as Wi-Fi, 5G network, and emergency calls, which will significantly improve cities' smart transportation capabilities.
The move was disclosed by the State Council, China's Cabinet, on Thursday in a guideline to cut red tape and prevent the government from issuing regulations beyond its authority that could harm the rule of law and the public interest.
The model, priced at 2,462,000 yuan, sports a 4.0-liter V8 petrol engine, which generates a maximum output of 550 horsepower and a top torque of 770 Nm. It has a top speed of 290 km per hour and can accelerate from zero to 100 km/hour in 4.5 seconds. The fuel consumption per 100 km stands at 13.3 liters.
The move comes as rivals, including Amazon.com Inc and Microsoft Corp, are all looking to tap into the growing demand for cloud services among African countries.
The moves came as China looks overseas for quality farm produce to boost domestic supply, and for new technologies to modernize its agricultural sector that feeds nearly one-fifth of the world's population with only 10 percent of the global arable land.
The ministry's remarks came after the US Department of Commerce placed 58 Chinese companies and 45 Russian companies on a list of firms with alleged military ties. Due to this stipulation, US exporters, re-exporters and transferors will have to obtain a license to export, reexport or transfer designated items to these companies.
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The most active contract for July soybeans were down 11 cents weekly, or 1.21 percent, to 8.945 dollars per bushel. July corn delivery fell 4 cents, or 1.1 percent, to 3.5725 dollars per bushel. July wheat delivery was down 8.25 cents, or 1.65 percent, to 4.9125 dollars per bushel.
The moves will reduce financial risks and contribute to an improvement in corporate profitability and productivity, although some easing of macroeconomic policy is still warranted, according to the World Bank economist.
The nation's crackdown on piracy and protection of intellectual property rights have set the stage for the pay-per-view subscription model.
The model also features the latest generation of the Audi virtual cockpit system. The upgraded processor and the 12.3-inch LCD make the car easier and more maneuverable.