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Artificial intelligence and the cloud-based internet of things are two major application areas where China's homegrown chips can have a good chance to compete with global players, internet titan Alibaba Group's technology chief said on Saturday.

Apple Inc is expected to set up a Chinese data center, costing 1 billion dollars, in Guizhou. In H1, revenue of Internet companies in Guizhou grew by 171 percent year on year. Tourism rose by over one-third year on year as the province becomes one of China's most popular tourists destinations.

As China's independent refiners, or teapots, see their costs rising thanks to the country's new taxation system and higher crude oil prices, insiders are urging them to shift focus to the high-end market to avoid their margins being further crushed.

Around 10 Chinese companies took an interest in the FinTech possibilities in Lithuania in 2017, the central bank said, adding that half of them were granted licenses, including four licenses for an electronic money institution and one license of a payment institution.

Around 20 typhoons and storms hit the Philippines each year.