Xinjiang on Tuesday launched the region's first legal service center for companies doing business with Belt and Road Initiative (BRI) countries.
Xiongan will focus on development of high-end industries in the future and develop a smart and green city.
Xiang Ligang, director-general of Information Consumption Alliance, a telecom industry association, said the moves highlight that China Mobile has a sprawling subscriber base, and it is relatively better funded than its rivals.
Xiong said that Shanghai has explored cross-city coordinated planning in the past years.
Xiaomi had previously secured a three-year billion syndicated loan in 2014.
Xin Guobin, China's vice-minister of industry and information technology told an automobile forum over the weekend that China had started research on a timetable to phase out manufacturing and sales of fossil-fuel powered cars.
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Xiongan New Area will initially cover 100 square km and later cover Xiongxian, Rongcheng and Anxin counties in Hebei province, eventually taking up 2,000 square km.
Xiang Junbo, chairman of the China Insurance Regulatory Commission (CIRC), adjusts his glasses during a news conference on the sidelines of the fourth session of the 12th National People's Congress (NPC) in Beijing, on March 12, 2016.[Photo/VCG]
Xu Hongcai, deputy director of the economic policy committee of the China Association of Policy Sciences, said that China is likely to maintain the strong recovery momentum in the second half of the year as major indicators for production and consumption point to a steady rebound.
Xu Liuping, board chairman of FAW Group, said Hongqi will release 17 new models, including new energy vehicle and SUV models, by 2025.