The new system will employ advanced technologies, including big data and AI, to verify users' identity, identify transaction-related risks and realize intelligent risk-control, Lan said.
The new facility will serve as a base for Fanuc to grow its business in southeastern China where consumer electronics makers are concentrated. It is designed to offer sales, training, technical support and other services.
The new rules specified qualifications for listed companies to spin off and list their subsidiaries, which require them to have been listed for at least three years and be profitable for three consecutive fiscal years.
The newly gazetted regulation is described as a "resolute and rigorous measure" to combat the COVID-19 pandemic.
The new plan comes with the handset vendor announcing on Thursday another 1 billion yuan (5.7 million) to encourage global app developers to create quality content.
The new economic zone and Beijing and the port city of Tianjin, with their diversified and complementary functions, form a "triangle" that will open a new space for the development of the Beijing-Tianjin-Hebei region and North China and will explore a completely new model for China's urban development, Huang said.
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The new policies will improve the monetary policy transmission mechanism and buffer any economic slowdown, said Ma.
The new regulation also required that the imported medicinal materials could only be put on sale after going through the quarantine process at ports, and importers must ask for relevant materials from their suppliers during the purchasing process.
The national cultural relics gene bank aims to collect and preserve typical specimens of archaeological discoveries across the country. The two sides will jointly build a high-level cultural relics protection and archaeometry laboratory, a national cultural relics database and an archaeological big data research center.
The new policy, one of Hainan's measures to implement central government directives to provide a welcoming environment for talented individuals who can contribute to making Hainan an international pilot free trade zone, also applies to those individuals' spouses and children under 18.