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China's tax legislation to see major breakthroughs in 2020, say experts

Chinese Premier Li Keqiang and Japanese Prime Minister Shinzo Abe witness the signing of more than 10 intergovernmental cooperation agreements on politics, innovation, finance, customs and sports after their talks at the Great Hall of the People in Beijing, capital of China, Oct 26, 2018. [Photo/Xinhua]

China's tech giants have wasted little time in placing their chips on AI. According to consultancy Oliver Wyman, Chinese tech companies poured nearly 40 billion yuan into the research and development of this technology last year. E-commerce giants have in turn sought to partner these tech companies and leverage their expertise in AI.

China-Russia ties have gained rich outcomes in the past year, Denisov said, adding that the five meetings between the two countries' heads of state in 2017 reflected a high-level of trust and a spirit of partnership that injected a new driving force into future cooperation.

China's top legislature is considering a special intellectual property court named after the Hainan free trade port. [Photo/Sipa]