In October 2018, OneConnect, a financial technology service company under Ping An Insurance (Group) Company of China, released an intelligent supply chain finance platform to link companies, their upstream and downstream partners, and financial institutes.
In March, the company's head, Zhou Hongyi, said more security companies should set up their own online training platforms for people seeking to join the industry, "as the key to making a country's network more powerful is talent, not software or hardware".
In May alone, combined profits at industrial companies each with annual revenue of more than 20 million yuan ( million) went up 21.1 percent year-on-year, slightly retreating from the 21.9 percent gain in April.
In Shandong province, authorities will also encourage whistle-blowing to fight insurance scams, with rewards offered up to 100,000 yuan (,900), it said.
In March, Airbnb signed an agreement with Fudan University to establish an Airbnb Go-Global Fudan Scholarship, which will support students to study in the countries and regions related to the Belt and Road Initiative.
In October, China's tax income dropped around 4 percent year-on-year. It was the fifth consecutive month that recorded a negative rate compared with a year ago, the Ministry of Finance said. Among the different taxes, individual income tax declined the most, at a rate of 28.6 percent in October from a year earlier. The growth rate of the value-added tax was 3.2 percent, slower than 10.3 percent in October 2018.
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In March, the index decreased to 55.3 percent from February's 63.6 percent. It seemed to show a sign of warming.
In March, JD agreed to sell its 68.6 percent stake in its finance unit, JD Finance, for 14.3 billion yuan in cash by the middle of this year, and post-deal, JD will hold neither legal ownership nor effective control of JD Finance.
In September, US President Donald Trump announced plans to pull most vaping products from retailers' shelves as public concern mounted. But the US Food and Drug Administration (FDA) earlier this month backed off a general ban and exempted tank systems generally available at vape shops from the ban on fruit-flavored products.
In November, the central government said it would build four national AI open innovation platforms by relying on Alibaba Group Holding Ltd in smart city technologies, Baidu Inc in self-driving technologies, Tencent Holdings Ltd in AI-enabled medical treatment, and iFlytek Co Ltd in voice-recognition technology.