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Money that would have been spent on construction will go to boosting public welfare

Microsoft Corp has unveiled its latest generation of smart chatbot, which can now voice control 35 smart home appliances made by Xiaomi Corp, as part of its broader push to tap into internet of things opportunities in China.

Michelle Obama added: "Congrats to Julia, Steven, and the whole crew on winning Best Documentary for American Factory, Higher Ground's first release! So glad to see their heart and honesty recognized — because the best stories are rarely tidy or perfect. But that's where the truth so often lies," she wrote.

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Monetary authorities in other countries are also researching central bank digital currency or CBDC.

Middle- and low-income groups benefit from the reform in particular, with urban residents with monthly income below 10,000 yuan enjoying tax cuts of more than 60 percent.

Michele Geraci, undersecretary for economic development, told the Financial Times: "We want to make sure that 'Made in Italy' products can have more success in terms of export volume to China, which is the fastest-growing market in the world."

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Microsoft Corp plans to create nearly 2,000 new positions in China in 18 months, which will bring its total employees in the nation close to 10,000, as the US tech heavyweight sees strong opportunities from the accelerated digital transformation in the world's second-largest economy.

Mongolia is also seeking regular high-level exchanges to boost ties. A joint council for cooperation in the humanitarian sector was established last year and its first meeting was held in Beijing in January.

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Moody has his own understanding of the new era. With 40 years of reform and opening-up, he said China has reached a point where it can move on in many ways, such as in foreign policy, global governance and domestic reforms. "China has reached a new junction and has to move forward."

Mohd Hashim bin Abdullah, chairman of Election Commission, at the press conference also announced the nomination date, which falls on April 28. After nomination day, candidates will have 11 days for their campaign.