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Tan said Ping An has invested more than 50 billion yuan (.54 billion) internally on research and development to develop innovative projects including financial technology, medical technology, artificial intelligence and externally exported socialized services. Financial technology is expected to lift potential returns on bank earnings by as much as 44 percent.

Taiyuan, capital of North China's Shanxi province, is beefing up efforts to improve ecological conditions of Fenhe River in a bid to protect the environment and prevent natural disasters.

Team Members: Lourdes Gutierrez, Priyank Kapadia, and Saurabh Wani

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Tax reduction has been a viable option to stimulate businesses when economic growth slows.

Technicians at Hsoar Group assemble a robot in Wenzhou, Zhejiang province. [Photo provided to China Daily]

Tech after death: Researchers work on new ways to handle your remains, in the flesh and online

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Taiwan companies will also enjoy preferential policies including market access, financial services, fund support and customs clearance, he added.

Taobao Live reached a turnover of 100 billion yuan (.93 billion) in 2018, with an annual growth rate of 400 percent. More than 600,000 varieties of commodities are sold via the platform.

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Tang Ning, founder and CEO of Beijing-based CreditEase, said tremendous development opportunities await fintech firms as well as peer-to-peer or P2P lenders in the next decade despite a stricter regulatory environment.

Talking about his role change, he said being a reporter is like being a "special soldier" that rushes to the battlefield independently, while now as a manager, his challenge is to lead a team.