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As billion is not a huge amount, it is more like a signal that the government expects to channel more capital inflows to support a strong Chinese currency and to maintain a stable foreign exchange reserve, according to Wu.

As China may gradually set the international trend of data-driven industrial internet in the 5G era, new investment opportunities have emerged for both domestic and global capital, said Tian Suning, founding partner and chairman of China Broadband Capital.

As I see it, there are two important factors that support China's economic growth. The first is the pursuit of clearly defined objectives.

Artificial intelligence will bring about changes as fundamental as those enabled by electrification, argues Li Kaifu, Chinese artificial intelligence specialist and founder of the venture capital firm Sinovation Ventures. He says that China is leading in real-world applications of AI to businesses, factories and cities, and is catching up with the United States in basic research.

Around 60 to 70 percent of its products will be sold to customers in the US, while 20 to 30 percent go to the Chinese market, and 10 percent will be delivered to Europe.