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"Establishing the two stations will help us to develop more products and diversify our business," said Dong.

"Development of the MICE industry has become a big propellant of Hainan's tourism consumption, drawing in a greater flow of meeting participants and a flow of funds. Many people who come to Hainan for exhibitions and meetings will stay longer for a holiday, do some duty-free shopping, enjoy its delicious food, or even play golf in Hainan," said Xie Qiuxiong, an official with the provincial tourism authority.

"E-commerce-powered poverty elimination is expected to gain bigger momentum this year, as the internet facilitates not just the consumer end (i.e. making it easy for people to purchase) but the industrial end, meaning research and development, manufacturing and logistics for agricultural produces can be customized and automated through the adoption of artificial intelligence, big data and cloud computing," said Li Yongjian, a researcher of the internet economy at the Chinese Academy of Social Sciences.

"Efficiency, reliability, cost and regulation are the four key factors that will decide if cryptocurrency has the competitive edge to replace traditional currency," said Li Lihui, former president of Bank of China, at in a recent seminar in Beijing.

"Facebook has used its market power to either purchase or replicate the competition," Neguse alleged. "And Facebook, Facebook Messenger, WhatsApp, Instagram are the most now downloaded apps of the last decade — and your company, sir, owns them all. And we have a word for that — that word is monopoly."