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China Internet Investment Fund said in a statement that Unisound boasts a leading position in core AI technologies and chips. It also enjoys first-mover advantages in various application scenarios such as smart home appliances, medical equipment, and automobiles.

China aims to cut the average debt-to-asset ratio by another 2 percentage points for its 98 centrally administered, State-owned enterprises by 2020, the country's State asset regulator said.

China Electronics Technology Group Corp's digital education program in Zambia is one example. In a country with multiple languages spoken, education can be difficult due to communication barriers. But with help from CETC, the problem can be solved through a simple click using its online study system, in which content is translated into eight local languages.

China and Nepal should continue to build upon political trust and support each other on major issues related to shared interests, Xi said. The two countries should expand two-way investment and promote fair bilateral trade, he added.

China aims to increase its cargo volume on national railways by 1.1 billion metric tons and on waterways by 500 million tons. It will also reduce the cargo volume on highways linked to coastal ports by 440 million tons from now to 2020, said Liu Xiaoming, vice-minister of transport.