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Chinese internet-based companies still enjoy a competitive advantage when exploring overseas markets, according to the 2020 Chinese outbound internet companies white paper jointly released by Huawei Cloud and online community BaijingApp. Chinese internet-based companies' capabilities in infrastructure technologies and services such as digital payments are superior to most of the markets in the world, said the report.
Chinese investors are scrambling to pour their money into artificial intelligence. But they also need to be careful and distinguish in the flood of business plans between the doubtful AI-enabled startups and those with real potential, experts in the field cautioned.
Chinese online service providers and users will be blacklisted if they fabricate, post or spread information that violates social morality, business ethnics or honesty toward the public, according to a proposed regulation.
Chinese manufacturers launched models that contributed 10 percent to the total market offering last year, second only to Germany, which topped the world with 12 percent.
Chinese home appliances giant Midea Group showcases its strengths in smart manufacturing to visitors. [Photo provided to China Daily]
来源：资阳报