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Chinese consumers have also shown a strong interest in autonomous vehicles, which is expected to drive development of the industry.
Chinese corporates' onshore bond issuance slumped by 32 percent to 5.7 trillion yuan (9.70 billion) in 2017, the first annual decline since 2010, as regulatory tightening pushed up funding costs.
Chinese policymakers have recently decided to cut taxes, ramp up investment in infrastructure, and facilitate financing of cash-thirsty private and small enterprises, among other measures, to stimulate the economy. GDP growth dipped to 6.5 percent in the third quarter, down from 6.7 percent in the second quarter and 6.8 percent in the first.
Chinese computer vision startup Watrix AI, specializing in gait recognition, won the Innovative Award, while the Leading Award went to technology giant Alibaba.
Chinese conventional industries are gaining traction from 5G technologies, as a number of latest products are showcased in the annual China International Industry Fair (CIIF) starting on Tuesday.
来源：资阳报