Have you ever wondered how technologies used for space exploration can impact daily life? Here's one example. A smart service now allows entrepreneurs in the city of Guangzhou to finish their business registration within minutes through artificial intelligence and space technology. CGTN's He Weiwei has more.

How long does it take to apply for a business license? In Guangzhou, 10 minutes – on an automated machine. Let's follow Mr. Wang to see how it goes. Typing in all information needed, and waiting for instant AI approval. Getting a confirmation message, and finishing facial recognition via phone. His identity card is then verified and his face scanned again. After another instant approval, the machine starts printing the license. It's all done, within minutes.

WANG PING GUANGDONG QIQUAN CORPORATION "I set up a company before. At that time it took us much longer to get a license. Now it's so fast and convenient. It's really good for businessmen in Guangzhou."

A pioneer in commercial system reform, Guangzhou launched the service in October 2017, the first city in China to do so. It shortened the application process from 24 hours to 10 minutes.

TAN MANQING, DIRECTOR GUANGZHOU ADMINISTRATION FOR INDUSTRY & COMMERCE "President Xi Jinping has called for strengthening reforms of the business environment in mega cities. In Guangzhou, we've made constant progress in the company registration system, moving from the over-the-counter service, to online application, and now to AI approval."

HE WEIWEI GUANGZHOU
 "From 24 hours to just 10 minutes -- this is "China's speed" again. This feat isn't just due to facial recognition, but also involves technology developed from aerospace science."

Aisino corporation provides technical support.

MA ZHENZHOU, DEP. GM AISINO CORPORATION "The technology involves the encryption and transmission of confidential information, which is used in space projects. We are working on developing space technology for civil use, not only in commerce but also in the exit and entry system, food and drug safety, government affairs, and so on."

As China continues its space exploration, more related technologies are expected to make people's daily lives easier. HWW, CGTN, GZ.