The industry also faces other challenges, said Zheng, who is also the president of the China Culture & Entertainment Industry Association's real-life entertainment branch.
The initiative "fits with our development of marine tourism. As we are in this field, we give full support for the initiative," the minister said.
The initial success of Chinese online discounter Pinduoduo Inc's Nasdaq debut suggested Wall Street's vote of confidence in its social-commerce business model, but the 3-year-old firm needs to watch out for issues ranging from counterfeits to portfolio limits that could drag on profitability in the long run, analysts said.
The institute said it has recorded more than a dozen aftershocks since the initial quake struck.
The improvement in industrial quality and efficiency has helped Sichuan achieve growth, said Xiong Jianzhong, chief economist of the Sichuan Provincial Bureau of Statistics, adding that Sichuan's economy has become more robust with a healthier structure.
The institute is a Toronto-headquartered non-profit organization dedicated to promoting the application of blockchain technology in IoT. It set up its first branch in Wuxi in August.
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The institute said in a statement published on its website late Thursday that it apologizes for the "negative effects" caused by the "misunderstanding and misinterpretation" that were generated by its earlier exaggerations on Zhang Xiaoping's role in the institute's research and development programs.
The iconic lighthouse in Uruguay's Cabo Polonio overlooks the Atlantic. [Photo provided to chinadaily.com.cn]
The industrial internet is considered a key to digital transformation as 5G network can provide much quicker data transmission.
The idea is to make pages easier to navigate, but as Wired News points out, the technique also makes it much easier to click on a product to buy.