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As a symbol of their technical cooperation, CITIC Group's logo appeared on the chassis of the new Williams racing car during the recently concluded 2017 Chinese Grand Prix.

As a result, the bad loan ratio dropped from 4.68 percent at its peak to 2.26 percent by the end of June 2017, while economic growth topped 8.4 percent by the end of the third quarter, among the fastest pace in years, said Zhou Jiangyong, Party chief of Wenzhou.

As a branch of the Kunming International Flora Auction Trading Center, which is located in Kunming, Yunnan province, the new center encompasses an area of more than 20,000 square meters. It can provide 128 trading booths, where the scale of transactions can reach a maximum of 2.5 million flowers every day. Annual turnover is expected to reach 350 million yuan (.2 million).

As a 5,000-year-old civilisation that has famously contributed, among numerous ideas and innovations, the "four great inventions", a phrase coined by British sinologist Joseph Edkins to refer to paper-making, the compass, gunpowder and movable-type printing, China has continued to make major breakthroughs in innovation in modern times. Since the founding of the New China, especially since reform and opening up, China has contributed most notably artemisinin (anti-malaria medicine), synthetic insulin and hybrid rice, and is leading the world in the new round of scientific revolution featuring artificial intelligence, electric vehicles and 5G communication technology.

As a result of local government efforts to develop businesses, including Panxiu embroidery and tourism, the poverty headcount ratio fell from 14.1 percent in 2015 to 0.26 percent by the end of 2018.