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As banks accelerated credit supplies, new yuan loans may reach around 1.5 trillion yuan (1.6 billion) for last month, the China Securities Journal reported, citing a forecast by Hua Changchun, chief economist with Guotai Junan Securities.

As a CPC member, Deng said he was unwilling to reap the benefits alone, so he offered to help his fellow villagers grow navel oranges. In 2016, he worked with the Party branch in the village to start an agricultural cooperative, which provides unified management, training, pest prevention, cheaper fertilizers and marketing for poverty-stricken families.

As a result, the Chinese economy is healthier as it shifts from high-speed growth to high-quality growth.

As a professional, international and high-level event, the fair has played an active role in the country's technological development, from making improvements and catching up with other countries to taking the lead in internationally advanced technological levels, Wang Lixin, the fair's secretary-general said.

As an expat, I'll concede, however, that it's relatively easier to register on and use tech-driven Chinese apps, websites and services. Last month, I was aghast to note India's new-age mobile and internet services provider does not accept a valid passport as proof of identity to issue a new SIM card. It insists on an ID that India's Supreme Court had already ruled is inessential or optional. Suffice to say the Chinese ecosystem is definitely better geared to innovate technology for making life easier for common people.