The city is expected to achieve full 5G coverage in the capital functional areas, the central business district, innovation centers and the economic-technological development area, and the sub-center, according to the administration.
The center's team of experts comprises two world-renowned professors as well as 12 top Chinese scholars.
The central bank also recently announced a fourth reserve requirement ratio cut for banks this year.
The central government is fighting pollution and environmental degradation after decades of growth have left the country saddled with problems such as smog and contaminated soil.
The city's Financial Secretary Paul Chan Mo-po revealed over the weekend that, according to statistics on hand, the economy continued to contract in the third quarter, and the extent of contraction was magnified.
The central government has also been advancing the development of autonomous cars. In April, the Ministry of Industry and Information Technology released regulations for road tests of smart connected vehicles.
提升seo关键词排名
The central bank kept the new benchmark lending rate, the oneyear loan prime rate (LPR), at 4.2 percent this month, unchanged from the level in September. The People's Bank of China, the central bank, has an obligation to report this rate on the 20th day of each month.
The circular was sent to 28 cities - such as Beijing and Tianjin and those in Hebei, Shanxi, Shandong and Henan provinces - in areas surrounding the capital.
The central bank's move elevates the funds target rate to 1.75 percent to 2 percent.
The center's work in detailed exploration and large-scale data processing has helped a domestic petroleum company reduce petroleum exploration costs.