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Currently, Shanghai has nearly 60,000 foreign-funded enterprises, which contribute over one-quarter of the city's gross domestic product and more than one-third of its tax revenue.

Currently, SenseTime has a training database of 10 billion faces images and videos.

DALIAN - China's reform needs the participation of foreign capital, companies and wisdom, Chinese Premier Li Keqiang said on Wednesday, pledging easier access to the Chinese market and a level playing field.

Cristiano Amon, executive vice-president of engineering, research and development unit Qualcomm Technologies Inc, a unit of Qualcomm Inc, said it took several months for the sides to reach a deal and said he believed the agreement would benefit all partners.

Czech automaker Skoda is planning to double its current China sales by 2020, as it is introducing a richer lineup of models into its largest market worldwide.