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China's tech giants have wasted little time in placing their chips on AI. According to consultancy Oliver Wyman, Chinese tech companies poured nearly 40 billion yuan into the research and development of this technology last year. E-commerce giants have in turn sought to partner these tech companies and leverage their expertise in AI.

China's top political adviser, Yu Zhengsheng, has reiterated the importance of the 1992 Consensus in cross-Straits relations and encouraged people-to-people communications between the two sides.

China's total vehicle sales stood at 23.11 million in the first 11 months of the year, down 9.1 percent year-on-year, according to statistics from the China Association of Automobile Manufacturers.

China's service sector is expected to play a bigger role in powering the economy as increasingly affluent Chinese consumers demand more diverse and better-quality services.

China, as a permanent member of the UN Security Council, upheld an impartial and objective position and played a responsible and constructive role in the process of the adoption of the resolution, he said.