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"China has rolled out a series of supportive policies and will continue to do so to help businesses recover and further stimulate sports-related consumption," Li said.

"China and the EU commit to ensure equitable and mutually beneficial cooperation in bilateral trade and investment," the statement said, reiterating the two sides' willingness to enhance bilateral economic cooperation, trade and investment, and to provide each other with broader and more facilitated, non-discriminatory market access.

"By early 2021, countries representing more than 65 percent of global carbon dioxide emissions and more than 70 percent of the world economy are very likely to have made ambitious commitments to carbon neutrality," he said.

"By 2020, there will be 50 billion connections. It will demand tremendous computing capability. Our years of experience in processing data will give us an edge in the future," said Wu, the Intel Fellow, who also heads Intel’s delegation to the 3rd Generation Partnership Project (3GPP), an industry coalition dedicated to global wireless communication standards.

"China is doing well. We have been growing a lot here ... We are very happy with the performance we have seen in this market and it is still early in its development. We have only been serving this market directly from the US for the last 10 years and so it takes time to build a more profitable franchise," said Bastian.