In the long term, the development of e-payments and e-commerce will encourage China's economic rebalancing from investment toward consumption, according to Moody's.
In the report, Kunming in Yunnan province drew praise for its "Tour with just your mobile" initiative that integrates much of what the city has to offer on one app, while Beijing was noted for decreasing congestion at tourist attractions through its time-division appointment ticketing systems.
In the next era of artificial intelligence, China will be a great power although it is still in its infancy. It already shows big advantages in computer vision, voice recognition and autonomous driving. On the research side, China also has the highest number of cited papers concerning "deep learning" or "deep neural network".
In the transportation sector, an appointment management platform was set up in Shenzhen using artificial intelligence and big data technologies to help ease traffic congestion in some of the city's most popular tourist sites. With a daily visit quota set for the areas, travelers need to make an appointment online before driving there.
In the latest escalation of violence, protesters used weapons including gasoline bombs to attack the police over the weekend, destroyed shops in the city and sabotaged the innovation, science and technology sectors, Hong Kong Special Administrative Region Chief Executive Carrie Lam Cheng Yuet-ngor told a news conference on Tuesday.
In the six-month period, China remains Vietnam's top fruit and veggie export market, followed by the United States with turnovers of .9 million, up 14.6 percent; Japan with .7 million, up 8 percent; South Korea with .5 million, up 15.4 percent; and Thailand with .1 million, up 26.3 percent.
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In the meantime, the HKTB will continue to maintain Hong Kong's presence in source markets through a variety of promotions and mega events, he added.
In the same statement, the Department of Justice warned that any such attacks may violate the National Security Law for Hong Kong.
In the telecom arena, AT&T spent .9 million; Verizon spent .44 million; and Sprint spent .75 million.
In the second half, the country will continue inclusive support for small and micro enterprises and promote the development of the capital market and direct financing, according to Guo.