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China may be ranked seventh globally when it comes to the number of professionals working in the cutting-edge industry of artificial intelligence, but the country is predicted to climb the rankings in the next decade.

China is willing to deepen economic and trade cooperation with the CEEC and further align the Belt and Road Initiative with CEEC national development strategies to seek win-win partnership, Gao said.

China released a draft regulation last week to solicit opinions on monitoring electric car batteries throughout their lifetime, with compulsory registration and reuse, to aid the segment's development and ease consumer concerns.

China will accelerate the opening of its capital market to foreign asset managers and the market will likely see a surge in new investment products offered by foreign funds in the first quarter of this year, according to a senior official of the Asset Management Association of China.

China remains India's largest trading partner.