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Artificial intelligence giant Baidu took the lead this year by setting aside 1.9 billion yuan (1.7 million) for digital red envelopes after becoming the exclusive red envelope partner of the China Central Television (CCTV) Spring Festival Gala, the most-watched annual show on Chinese New Year eve.

As China and Japan are neighbors and major economies in Asia and the world, a stable development of China-Japan relationship conforms to the interests of both sides and also has an important influence on the region and the world at large, Xi said.

As China tries to transition its economic growth model to one that draws strength from innovation, the last thing that the regulator wants to do is to turn away firms in the new economy sector, which has contributed to a growing share of the economy.

As AI penetrates into the core business of firms of all kinds, the application scenarios will increasingly diversify, needing constant innovation and breakthroughs in technology and application. Regarding the AI cloud service market, the competition will escalate to a higher degree in 2020, especially among top providers, IDC analyzed.

As Beijing prepares to host the 7th Summit of the Forum on China-Africa Cooperation (FOCAC) on September 3-4 focusing on political and economic cooperation, recent data highlights how China has intensified its efforts to enhance the cultural dimension of its relations with African partners by establishing over 70 Confucius Institutes and classrooms across the continent in the last 14 years.