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China's healthcare industry is finding increasingly sophisticated applications for artificial intelligence as it evolves from basic uses of AI, industry experts said.
China's overall performance in the rankings is strong and the best in Asia. Tsinghua University is ranked ninth and is joined in the top 20 by Peking University (20th).
China's economy recovered more than expected in the second quarter, thanks to a sharp rebound in domestic demand and better-than-expected exports, said Wang Tao, chief China economist at Swiss bank UBS.
China's food security is also facing various challenges, from climate change to pollution, but "in the end, science and technology will be the primary solution", he added.
China's futures market has been developing steadily amid reforms, but still needed to enhance its capabilities and market tools, Fang said. Trading of quite a few products had not been active in recent months, and wildly volatile prices could affect the risk management of companies, Fang said.
