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"Customers want smart cars for a smart world, and Chinese customers are quick to embrace new technologies and electric cars are going to be a preferred choice," the executive chairman said.

"Chinese policymakers will have to be ready to support growth and financial stability if needed. Given the global nature of the outbreak, many of these efforts will be most effective if coordinated internationally," said Helge Berger, assistant director of the IMF's Asia and Pacific Department.

"Competition is one of the best mechanisms to promote innovation, and help maintain the vitality of every company." he said.

"China stands ready to work with Kiribati at the opportunity of this visit to strengthen pragmatic cooperation and friendly exchanges with Kiribati on the basis of equality and mutual respect, to better benefit the people of both countries," Foreign Ministry spokesman Geng Shuang told reporters at a news conference in Beijing.

"Currently, our experiments are mostly for government use, but we truly expect our open AI platform to enter more areas and help citizens live, work and entertain better," said Hua.