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"For instance, Baidu is leveraging AI to help supermarkets better manage their supply of fresh food, by analyzing and predicting which products are most popular," said Li, who runs China's largest search engine.

"For example, the guideline allows courts to delay, reduce or waive litigation fees if litigants have difficulties paying due to the epidemic. This is considerate," Ma added.

"Fundamentally, the network side is as busy as usual (after the ban)," Swantee said. "The base station components of 5G, in particular, are pretty much all coming from Huawei itself."

"For deposits, Yu'ebao has appeared; for loans, there are numerous companies such as Ant Financial Service Group and JD.com; for payment, there are Alipay and WeChat Pay; for financing, crowd-funding has already drawn lots of attention; and furthermore, Fintech will overturn the insurance sector in a more 'ferocious' way," Zhu, also chair of the National Institute of Financial Research, Tsinghua University, told participants.

"Growing trade disputes have placed farmers and ranchers in a precarious position. We have bills to pay and debts we must settle, and cannot afford to lose any market, much less one as important as China's. We urge the United States and China to return to negotiations and produce an agreement that serves the interests of the world's two largest economies." Zippy Durall, president of the group said in the statement.