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Another 18 billion yuan will be saved for power users through a reform that promotes market-oriented pricing for power sale, he said.

Apart from manufacturing HPV vaccines, Walvax said that it will accelerate the research and development process for a SARS-CoV-2 vaccine, fulfilling its commitment of providing safe, effective and high-quality global public goods to the world, and contributing to the realization of vaccine accessibility and affordability in developing countries.

Anti-corruption work in COVID-19 control and prevention is one of the key jobs being carried out by China's supervisory bodies this year as corruption could undermine medical response, alter the use of urgently needed materials and could lead to loss of life.

Apart from technology gurus, the alliance also brings in core players in the telecom, financial and manufacturing sectors in a bid to "create industrial synergies, offer specialized AI services and conduct overseas exchanges", said Wu Jianxiong, chairman of INESA(Group) Co Ltd, a key initiator of the organization.

Another 5 bodies found in Thailand boat accident, toll rises to 38: Thai authorities