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The Beijing-Tianjin Zhongguancun Tech Town is banking on the 110 billion yuan (.5 billion) investment from the Zhongguancun Development Group for its next stage of economic transformation.

The BMW i4 combines the carmaker's leading electric technologies and sporty performance. [Photo provided to China Daily]

The BRICS countries -- Brazil, Russia, India, China and South Africa -- have become a major driving force in the global economy. With 44 percent of the world's population, the five contribute account for nearly one-quarter of global economic output and half of world economic growth.

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The Beijing-based company is now the world's largest telecoms carrier by subscribers. It said earlier that it aimed to deploy more than 10,000 5G base stations by 2020.

The Beijing municipal education commission stressed that all prevention and control measures in schools must be strictly followed. Teachers, students and staff members should wear masks on campus.

The B-round funding was led by China Creation Ventures, a venture capital firm focusing on the TMT sector in China. Other investors included HG Capital and Morningside Venture Capital,which had invested in the previous round. Its angel investor Marathon Venture Partners also invested in the B-round.

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The BRICS summit also invited other developing countries including other emerging economies and African nations to participate in the "BRICS Plus" dialogue on Friday, further expanding BRICS' circle of friends and strengthening the partnerships between BRICS members and African countries, Wang added.

The Beijing-Tianjin-Hebei Megalopolis has two cities whose GDP features in the top 30--Beijing in second place, and Tianjin in sixth.

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The CPC Central Committee on Tuesday decided to posthumously honor Liao as an "outstanding CPC member." Liao died at the age of 48 in a traffic accident while heading to a meeting on March 18.

The Bank of China Luanda branch will mainly focus on company businesses and will expand deposit, loan, remittance, international settlement, trade financing, financial markets and other services. It will also actively carry out Angola cross-border financing business to enterprises and customers.