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China will uphold the vision of building a community with a shared future for mankind, share its experience and provide as much support as it can for the global battle against COVID-19, and work with other countries to promote the development of global public health and build a community of common health for mankind, he added.

China's State-owned enterprises' (SOE) operating revenues increased 3.9 percent year-on-year during 2019's first two months, with profits up 15.3 percent compared with the same period last year, the country's top SOE regulator said on Saturday.

China's biotech industry has also been on the path of tremendous growth and Chinese biotech companies are in very good shape and on a strong trajectory due to tail winds, pointing to improvements in the clinical development environment, more channels to provide priority reviews based on clinical needs, expanding reimbursement over the past few years and the rise of local biotech hubs that provide opportunities for companies to work closer together, he said.

China's AI market scale reached 23.74 billion yuan (.46 billion) in 2017, up 67 percent year-on-year. Computer vision, with its core technologies such as image and video identification, had the largest market scale — 82.8 billion yuan last year, accounting for 34.9 percent of the total.

China will develop three to five technology trade market hubs, and train 10,000 professional agents for technology transfer.