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To boost their market share, major aircraft manufacturers are rolling out new plans to upgrade their services and offer products tailored for the Chinese market.

To counter economic downward pressure, the Chinese government has rolled out large-scale tax breaks for small and micro firms and further reduced individual income tax.

To better compete with their established foreign rivals, Chinese companies from certain sectors, such as new energy and general manufacturing, should cooperate even more closely with foreign partners across the world to optimize their business operations and improve homegrown innovations with diverse new solutions and technologies, said Sun Fuquan, a researcher at the Chinese Academy of Science and Technology for Development.

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Tired of phones at concerts? College student wins Amazon Catalyst grant for tiny headband camera

To beef up its development, the municipal government released in April new regulations on bolstering Shanghai's science and technology advancement. The city pledges to nurture high-tech enterprises, provide R&D subsidies and introduce preferential income tax policies for high-tech enterprises in order to provide fair and inclusive support for enterprises' scientific and technological innovation activities.

To date, China Unicom has 17 PoPs in Africa. Meanwhile, the company has invested in the Asia-Africa-Europe-1 Cable System and the SEA-ME-WE-5 Cable System, high-speed communication network connecting Asia, Europe and Africa.

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To Western audiences, Yuen is best known for his work on The Matrix, Crouching Tiger, Hidden Dragon and the Kill Bill movies.

To further tap into the potential of domestic consumption, it highlighted the need to refine policies for the growth of the auto sector, diversify industrial categories and give consumers greater choices.

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To construct the new development paradigm, the meeting also pledged to continue high-level opening-up efforts, widen market access, and actively consider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.

To cope with fierce competition in the domestic market, FitTime also launched an online postnatal fitness training program for new moms during the summer.