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Artificial intelligence will create greater value for society and boost efficiency, and though its increasing use will pose challenges for employment, society can solve such issues, said Ren Zhengfei, founder and CEO of Huawei, on Thursday.
As Chinese consumers continue to become more sophisticated and the channels available to them become more advanced, companies have to understand and incorporate the new retail model and focus on a customer first mentality to win in this emerging new battleground, said Derek Deng, Bain & Company Partner.
Around 39 percent of the same group polled preferred Chinese brands because they had strong cultural elements. Another 26 percent found the style compelling.
Around 1,260 competitors from 68 WorldSkills' member countries and regions participated in 52 competition events this year. China sent the largest-ever delegation of 52 members, aged from 18 to 21. It was the first time that China participated in 18 of the events, Zhang said.
As China's consumer market evolves, foreign companies operating in the country have also been shifting their model from "made in China" to "made for China", he said, noting that some 78 percent of the firms now produce goods and services in China for the local market, while the proportion was less than 23 percent in 2003.
来源：资阳报