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"By incorporating knowledge from multiple fields into the translation model, the AI developed by Damo Academy can draw inferences and quickly learn terminologies that are constantly changing in different scenarios without repeated training," Fan said.

"China has been the second-largest life insurance market in the world, but market potential remains large as the population ages and spending on healthcare increases", Su added.

"By setting up this portfolio, we hope to develop a proof of concept that over time we will mobilize other like-minded investors to join us in cultivating an ESG market in Asia," Lee said.

"By creating an atmosphere of so-called civilized smoking, the tobacco industry is trying to undermine the existing strong legislation to make Beijing a smoke-free city," he said.

"China is on our agenda, so we will go to China in due course. And there you will have the entire product portfolio," said Manfred Fitzgerald, executive vice-president and global head of the Genesis Brand.