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As a reporter on the central bank beat, I heard some interesting discussions of late. They center on whether novel forms of digital terminals like smartwatches or smart-glasses could store digital currency for transactions. Experts believe digital currency will change the world in the next 30 years; and even in the short term, it has the potential to make a big difference to society.

As growth slowed, demand dwindled and the days of cheap labor ended, the city's businesses had to evolve or perish. Some traditional industries still rely on intensive labor and if they do not change the way they operate, they might not survive.

As downstream steel user purchases remain weak, the country's overall steel inventory is still high although transactions among trade enterprises have revived, Ge said, adding that steel inventories in 29 key cities were 21.52 million metric tons at the end of March, up 0.9 percent month-on-month and 52.7 percent year-on-year.

As US President Donald Trump will meet in the coming days with Japanese Prime Minister Shinzo Abe at Mar-a-Lago in Florida, the DPRK has taken another hard lesson from Friday's airstrikes, just like it took from the US invasion of Iraq and the regime change in Libya.

As government helps flagging vehicle purchases, manufacturers are warned not to be complacent