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In those days, banks usually required small businesses to use land or factory buildings as collateral for loans, although many SMEs lacked such types of fixed assets. Citi China broke the convention by offering loans to qualified SMEs based on their cash flow conditions, without fixed asset collateral.

Industrial internet, 5G, and the Internet of Things were also buzzwords at the summit.

In turn, Xia Wei, head of the representative office of China Telecom in Central Asia, expressed the company's interest in help the country reach its digital telecommunications goals.

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India on Wednesday confirmed that Pakistan downed one of its fighter jets MiG-21 and the pilot had gone missing.

Infrastructure projects under the Belt and Road Initiative are contributing to improved road, rail and maritime connectivity, which will help to strengthen China-ASEAN trade and investment flows.

Inclusive financing will also cover credit support for small business owners, impoverished groups and students.

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Industry experts, academics and venture capitalists weigh in on Shanghai's ambitions to become a global powerhouse in artificial intelligence at the recent World Artificial Intelligence Conference in the city

Infrastructure improvement is also on China-Vietnam cooperation agenda.

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In the village where Aibian lives, 18 wild Asian elephants are often uninvited guests.

India's smartphone market saw shipments of over 46.6 million units in the third quarter of this year, up 26.5 percent quarter-over-quarter and 9.3 percent year-over-year, according to data from market research company International Data Corp.