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Currently, how big data, artificial intelligence and exascale supercomputers can promote traditional industries' transformation and regional development will be the key challenge for the sector, said experts.

Customer demands have became more and more diversified in recent years. They ask for more discounts and time-saving methods to buy multiple products, which is why the company is working on upgrading its services, said Li Yuanxiang, CEO of the company.

Cutting cost, adjusting structure, improving efficiency are deemed by experts as results of conflicts between profit decline and industry transformation.

Cui Weijie, director of the Institute of Industry Development and Strategy under the Chinese Academy of International Trade and Economic Cooperation, said future implementation of the law will ensure that follow-up policies and measures are implemented quickly so as to help advance the construction of a high-quality free trade port.

DAR ES SALAAM - The Chinese-built Tanzania-Zambia Railway or TaZaRa started operations in 1976 and has become an economic catalyst for eastern and southern African nations, which also turns into a symbol of friendship between the peoples of China and Africa.