Still, blockchain technology is in its nascent stages. A report from Deloitte said a return on any investment and the full value of implementing a blockchain strategy might not be felt for a number of years, given the technology has only reached its early stages and expertise in the area is limited.
Still, even State-owned steel and iron companies will need substantial government backing in the long term to complete extensive upgrading programs.
Such design enables Maimang 7 to integrate virtual content with the real world as seen through the phone's camera. It is also equipped with ARCore, a software development kit developed by Google that allows for AR applications to be created.
Stressing that infrastructures supporting new technologies often have high risks, which require massive investments in research and development as well as professionals, he said local governments should take a step back, encourage the participation of tech giants in the region, and let markets do the work.
Such a shape also helps the building resist strong winds. "There is a relationship between the building and nature. We don't want to fight with nature. Instead, we want to work with it," he said.
Students from Changsha Social Work College attend a volunteer activity at an ecological funeral at Yongan Cemetery in Tianjin. PROVIDED TO CHINA DAILY
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Streamed live to 125 countries, the show was presented by Hollywood star Will Smith, with award-winning musicians Herbie Hancock and Chucho Valdes among the performers.
Stephen said that China's approach is based on multilateralism, free trade and globalization, which were also valued by the previous US administrations.
Stock markets in China edged up on Tuesday as market sentiment was partly boosted by the news about the upcoming Bay Area blueprint.
Such expectations come after a "constructive" visit made by President Xi Jinping to the US last week.