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And last, privacy. There need to be mechanisms for the protection of peoples' rights, interests, and personal and private information. AI systems need to disclose how data is being used and allow anyone to readily revoke this right.

Analysts expect Hui to take the richest Chinese man's crown if Evergrande's shares rise another 20 percent.

Analysts expect that with the country vowing to give more policy support to boost the economy, fixed-asset investment and private sector investment will pick up, and that, in turn, will play a major role in helping the economy through the difficult times.

Analysts have applauded China's new policy on the asset management sector that aims at curbing risks in the financial system by raising thresholds for entrants and strengthening regulations over nonstandard products.

And in March last year, 15 hospice pilot projects were set up by the Beijing government in accordance with central government guidelines.