The money is coming from InnovFin, the financial arm of the 2020 initiative.
The move came as the Beijing-based company is scrambling to expand overseas presence. China Unicom is now building more cloud computing nodes, or connection points for data transmission, in Seoul, Tokyo, Taipei, Sydney and Ho Chi Minh City.
The money will be used to finance its intensified efforts to develop computer vision and deep learning technologies.
The most active cotton contract for September 2020 delivery gained 120 yuan (.15) to close at 12,125 yuan per ton.
The move will target the six different transport channels, including sea, air, land, railway, express and mail, and consider the different characteristics of the flow of infringing goods under different forms of trade, such as general, market procurement, and cross-border trade and e-commerce, the report said.
The mission to develop guoxue, the study of traditional Chinese thought and culture, is an arduous journey requiring the effort of today's youth and future generations, experts asserted at a recent education forum in Beijing.
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The move would require the budgetary approval of the US Congress, which has been divided on the idea.
The move aims to further meet domestic investors' demand for global asset allocation, it said.
The move was made to promote the application and implementation of the global Legal Entity Identifier in China, align with the high-standard international system of market rules, support the high-level financial opening up and facilitate cross-border trade and financial transactions, the central bank said.
The ministry will strengthen operational monitoring of major transportation channels and roads in the vicinity of tourist attractions to ensure timely handling of traffic congestion or accidents, he said, adding it will also issue real-time traffic and weather information to guide the public to better arrange their travel plan.