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Having been granted the so-called stored-value facilities (SVF) licenses from the Hong Kong Monetary Authority (HKMA) with another 14 digital payment operators in 2016, Alipay and WeChat Pay rushed to roll out their maiden versions of the payment-by-smartphone app in a local currency in Hong Kong.

He added that he did not expect concerns over cybersecurity in issues like the United States-China trade conflict to be resolved soon, since technology is rapidly evolving.

He also emphasized the need to tackle excess domestic production capacity and improve the quality of products.

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He also underscored the importance of strengthening overall Party leadership, Party building, strict Party governance, as well as the need to secure a crushing victory in the fight against corruption.

He Yun, an assistant professor at the School of Public Administration at Hunan University, said that after the pandemic emerged, there were thoughts in Europe that Chinese investment would flood into the continent to take advantage of cheap European assets. Instead, investment flowed east, with China's FDI rising as foreign investment elsewhere plummeted.

He added that China attaches great importance to AI education. Curriculum setting on AI can be seen across China's basic, higher and vocational education sectors. Textbooks on AI have been compiled for primary and secondary school students.

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He also sees the timetable to breakeven as achievable since more cross-platform models between Proton and Geely are expected, which will expedite new model introduction and help Proton lower its product development costs, he added.

He also said: "Evidence, including six video recordings on Zhu's cell phone and camera footage of the accident scene and the rail region, were clear and strong in proving what really happened at the time, which was why I was confident of winning the lawsuit."

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He added that the price for each dose was estimated at 300 patacas (about .58), and the government will spend 420 million patacas (about .61 million) in total.

He Wenping, a senior expert on Middle East studies at the Chinese Academy of Social Sciences, said the two countries' cooperation with the third parties could see remarkable prospects in Africa, where they have worked effectively on infrastructure construction and medical care, particularly the fight against the Ebola virus.