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China's large population created advantages in big data, which is the key driver for AI ecology today represented by deep learning.

China's once-expanding debt has been curbed under tightened governing measures and regulations, leaving more space for further financial opening-up and reforms, said Zhou Xiaochuan, the central bank governor, on Friday.

China's leading companies such as Unigroup Guoxin went limit down during the day, and the growth enterprise index decreased nearly 3 percent.

China's e-commerce market has given birth to billionaires. Now, with the annual Singles Day global shopping festival just around the corner on Monday, more foreigners are joining the online gold rush. They want to sell products not only in China but in their own countries.

China's entry into the World Trade Organization in 2001 further accelerated the digitalization and globalization of domestic businesses. It began to put more emphasis on high-quality development driven by innovation.