The nation's top pricing regulator on Tuesday established a new division in charge of restricting local governments from intervening in pricing behavior.
The move, which echoes the central government's campaign to revitalize the traditional industrial base, is aimed at upgrading industries, creating jobs and improving creativity, according to the company.
The momentum of economic development is getting stronger in China, which plays a significant role in driving the global economic recovery, according to the president.
The move is part of SenseTime's broader efforts to popularize knowledge about AI among students and teachers, which can help cultivate better talent.
The most popular overseas destinations include Singapore, Thailand and Malaysia, while Canada, France and Russia are becoming more popular than before.
The nation will take steps to globalize its high-speed railway technology standards this year to further boost the market potential of its Fuxing bullet trains in the international market, said a top company official of the country's railway network operator.
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The move also came after Huawei's consumer business posted a record billion in sales in 2018, driven by the strong demand for its premium smartphones. The company shipped more than 200 million units of smartphones worldwide last year and surpassed Apple Inc as the world's second largest smartphone vendor.
The move by the capital city of East China's Zhejiang province comes after similar policies were issued by Changsha, Central China's Hunan province, on Monday and Xi'an, Northwest China's Shaanxi province, on Sunday.
The move came as earlier reports last week said that Huawei has disappeared from the member list of world groups dedicated in making standards related to the information communications and technology industry, including JEDEC, SD Association, Wi-Fi Alliance and USB-IF.
The nation will accelerate the development of pilot free trade zones and ports via policy innovation and adequately expand their size to advance all-round opening-up in 2019, said commerce officials.