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The Beijing-headquartered group will field-test the world's first automated drive high-speed system, with a designed speed up to 350 kilometers per hour, on the railway line that will link Beijing and Zhangjiakou, host cities of the 2022 Winter Olympics. It has already completed all the tests at the simulation laboratory.

The Beijing Asia No 1 logistics center can handle up to 600,000 parcels per day, and the intelligent parcel sorting machine increases efficiency by at least three times, said Xia Guowei, who is in charge of JD's Asia No 1 project.

The BRI will help support globalization in a period when the impulse for international trade is not so strong, said John Ross, a British academic and senior fellow with the Chongyang Institute for Financial Studies at Renmin University.

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The COVID-19 epidemic has dealt a heavy blow to China's economic and social development, with economic growth contracting 6.8 percent in the first quarter of 2020.

The CBS, valued at 5 billion yuan (about 4 million), is open to primary dealers for bidding at a fixed rate of 0.1 percent, the central bank said in a statement.

The BRICS summit is "significant" since it has become "a symbol of close South-South cooperation," he noted.

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The CPPCC is willing to work with the Irish parliament to continue frequent contact, enhance trust, and promote cooperation, he said.

The COVID-19 epidemic is expected to cost China's aviation sector nearly 37 billion yuan in losses in February, and a further 35 billion yuan loss in March, according to AirSavvi, a Chinese aviation data and solution service provider.

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The Beijing-based tech behemoth Baidu has also rolled out an open platform for its V2X or vehicle-to-everything solutions, which will create synergetic interactions between smart cars and intelligent roadways to improve safety and mitigate traffic congestion. Under this system, autonomous vehicles will be able to better communicate with traffic lights.

The Belt and Road Initiative, proposed by China in 2013, aims to build trade and infrastructure networks connecting Asia with Europe and Africa along the ancient Silk Road trade routes to seek common development and prosperity.