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Chinese carmakers are stepping up efforts to develop smart and connected cars, with the conviction that vehicles of the future should be more than just the tools of transport that they were in the past.

Chinese actress Zhong Chuxi walks the red carpet ahead of the

Chinese companies should think carefully about potential investment risks, and should establish a security mechanism associated with energy sector development on the continent to reduce enterprise risks, he said.

Chinese consumers will enjoy discounts on more than 30 million authentic commodities covering over 480,000 international brands from Amazon Global Store, which covered the top destinations of China customers' cross-border shopping during the shopping carnival.

Chinese business leaders are also hoping for regulatory relaxation. More than 80 percent of the respondents agreed that the government should limit data collection regulations to facilitate AI development, the PwC report said.