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"Compared with the more frequently used 500kV high voltage direct current power transmission (HVDC), the company decided on 800kV UHVDC for higher power capacity and more stable transmission to meet the growing power demands of the Greater Bay Area," said Zhang Yan, deputy general manager for the Kunming's operations of the Wudongde DC Project.

"China's R&D expenditure as a proportion of revenue from principal business by sector has increased continuously in the past decade. The Made in China 2025 plan will further stimulate innovation of Chinese companies," Yuan said.

"China's bike-sharing bubble has been burst, and we'll see a wave of reshuffling and consolidations in the industry that took the nation by storm during the past two years," Wang noted.

"Competition from the rapid development of homegrown brands, multinationals and those who have entered this field from other industries in recent years is normal. It's not a bad idea to goad the players to perform better, to generate new growth points," said Liu, who is also the president of Carestream's Greater China cluster.

"Currently in China, AI is transforming traditional industries. However, the process has faced huge bottlenecks due to the lack of talents in the country," said Kaifu-Lee, chairman and CEO of Sinovation Ventures, the initiator of DeeCamp.