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"China can stop providing subsidies for wind power by 2020, as the price of wind-based electricity is already relatively low. That would make it more competitive compared with electricity generated from other sources," said Han Xiaoping, chief information officer of China Energy Net Consulting Co Ltd.

"But the yuan is not heading for any major appreciation," Yang said, citing the regulators' policy stance of further improving the exchange rate regime and "keeping the renminbi exchange rate generally stable at an adaptive and equilibrium level".

"By virtue of big data and artificial intelligence, the offline stores could better capture consumers' shopping habits and preferences, and make accurate recommendations," Chen noted.

"China and the EU are both strong advocates of free trade. Closer collaboration can foster win-win results for both partners and other economies along the Belt and Road trade routes," he said.

"By the end of April 2019, around 2,543 financial institutions made worldwide payments in RMB. Among them, over 872 banks use the Chinese currency for payments without involving the Chinese mainland or Hong Kong."