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As a digital currency, transaction information about DC/EP can be recorded and tracked. If the central bank has the right to check the information it will pose a threat to privacy. But a fully anonymous digital currency may encourage illicit transactions, such as terrorist financing and money laundering. So the digital RMB will be "controllable anonymously", creating a balance between privacy protection and preventing crimes, according to Mu Changchun, head of the PBOC digital currency research institution.

As an inheritor of the intangible cultural heritage, Tan never gave up his dream of restoring the cloth's past popularity. Born into a family of cloth makers, he started studying the technique to make xiabu, which means "summer cloth", at the age of 12 and was the fifth generation of his family to inherit the cultural heritage.

As a result, subsidies will be offered to EV charging operators that are commercially viable and able to guarantee a minimum usage and will no longer be easily available for electric vehicle charging infrastructure makers, Lin said.

As awareness and concerns about healthcare needs grow in China, especially since the COVID-19 outbreak, public demand for more comprehensive and diversified healthcare coverage will continue to rise, said Yin Ming, vice president of Ant Financial.

As a result, it is imperative that more tertiary education students and even officials learn the language as a way of bridging barriers when doing business, he says.