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China and the United States are leading the fourth industrial revolution brought by artificial intelligence, which has shown huge growth potential and created value for traditional industries, said Kaifu-Lee, chairman and CEO of Sinovation Ventures, a leading venture capital firm at the China Development Forum Special Session in Beijing.

China Railway Gecent Technology Co. Ltd, with Geely and Tencent taking a combined 49 percent stake, will offer WiFi connection, entertainment and leisure services, news and information, online catering and shopping, and other smart services.

China Construction America Inc (CCA), a wholly owned subsidiary of China State Construction Engineering Corporation Ltd, is among the Chinese companies that have been playing an active role in the US construction market.

China achieved GDP growth of 6.9 percent in the first quarter compared year on year, with growth up 0.1 percentage point more than the fourth quarter of 2016. But the Political Bureau meeting said the improvement in economic fundamentals could be cyclical.

China Southern Power Grid and Guangzhou Automobile Co are among the Fortune Global 500 companies that built their global headquarters in Guangzhou.