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China's AI market will continue to heat up, and the market size will maintain a growth rate of about 30 percent, according to a report by China Center for Information Industry Development. By 2021, the market of AI sector will exceed 80 billion yuan (.8 billion), the report showed.

China will step up reform to support innovation by removing barriers to entrepreneurship and innovation.

China will continue upholding the principles of joint consultation and cooperation for shared benefits, and work with all parties to grasp the opportunities brought by technological revolution for mutual benefit, he said.

China's Ministry of Transport released measures for assessing the service quality of taxis in May 2018 amid growing social concerns about passenger safety. Many local governments have rolled out measures for tightening management of taxis and ride-hailing services.

China's cashless and dockless bike-sharing scheme is going globe as two leading Chinese bike-renting companies Ofo and Mobike are competing to expand their overseas markets.