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As China further opens its doors as it has promised, China and European countries can further tap their great potential for cooperation in areas including high-tech, innovation, agriculture, finance, digital economy, e-commerce and climate change.

As Chinese telecom operators make steady progress in rolling out the 5G network across the nation, more traditional industries have embraced the technology to upgrade their operations, just like the Xiangtan steel plant.

Apple and Google banned developers from using GPS data, which shows a user's location. It also won't allow any government to store data about a person or use the software without a person's knowledge or consent. Any data collected from the apps can't be used for advertising.

Approved by the State Council, eight central regulatory bodies led by the People's Bank of China, the central bank, issued the plan which aims for the municipality to establish itself as a global financial market leader and a go-to market for renminbi-based trading by 2020. A legal, innovative, highly efficient, transparent and open financial system is expected to be in place by that time.

As China strives to protect its ecological integrity, the financial sector is coming to the aid to contain pollution and help advance the industrial transformation.