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China's total energy consumption will be capped at 5 billion tons of coal equivalent by 2020, according to a government plan for 2016 to 2020. This will amount to a 15 percent reduction of energy use per unit of GDP by 2020.

Chinese AI companies also see the UK as a strategically important market. Zige, which plans to formally launch Mento in China in November, also will launch it in the UK in 2018. Mento was developed to teach language and general knowledge to children aged 4-12.

China’s athleisure boom has become somewhat synonymous with its economic miracle, catapulting household names like Anta Sports and Li-Ning to the world sports arena — with the former sponsoring China’s delegation and the latter Canada’s ice-skating team to the Pyeongchang Winter Olympics in South Korea earlier this year.

China's tech heavyweights expressed their desire to apply AI and automation technologies to greatly enhance the supply chain and operational efficiencies, as well as transform the traditional business models.

Chinese President Xi Jinping, also general secretary of the Communist Party of China Central Committee and chairman of the Central Military Commission, joins a group of Chinese and foreign students who are discussing topics related to interpreting the "new era" at the School of Marxism of Peking University (PKU) in Beijing, capital of China, May 2, 2018. Xi made an inspection tour of PKU on Wednesday. [Photo/Xinhua]