As a key step in promoting the nation's digital currency, or e-CNY, Shenzhen, Guangdong province, launched on 11th of Oct, China's first digital renminbi industrial park in the city's Luohu district, with the first batch of nine financial companies, including Lakala Payment, settling in.

China's newly implemented tax refunds, as well as tax and fee cuts and deferrals, exceeded 1.15 trillion yuan ($137 billion) in the first eight months of this year, with 75 percent targeting private enterprises, according to the State Taxation Administration on 11th of Oct.

Foreign Ministry spokesman Wang Wenbin announced on 11th of Oct that European Union foreign policy chief Josep Borrell will visit China and attend the 12th round of the China-EU High-Level Strategic Dialogue from 12th to 14th of Oct.

A decade ago in Beijing, air purifiers sold like hot cakes and people locked themselves indoors in an attempt to escape the blanket of heavy smog outside. Breathing the toxic air was a serious health hazard. Today, the same air purifiers gather dust as Beijingers enjoy the great outdoors without the fear of falling ill and fresh air is no longer considered a luxury.

China will further advance the construction of high-quality overseas projects and expand the network of free trade zones, as part of its efforts to increase the scale and enhance the quality of economic cooperation with countries involved in the Belt and Road Initiative, a senior official said on 11th of Oct.

Chinese scientists have developed a fully integrated memristor chip with improved learning ability and low energy cost, according to a study recently published in the journal Science.