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As AI penetrates into the core business of firms of all kinds, the application scenarios will increasingly diversify, needing constant innovation and breakthroughs in technology and application. Regarding the AI cloud service market, the competition will escalate to a higher degree in 2020, especially among top providers, IDC analyzed.

Artificial protein products debuted in China's food market in the second half of last year, but their presence has mushroomed since April, especially since the arrival of international faux-meat manufacturers.

As China's economic growth recovers, economists expect policymakers to consider a normalization of the policy stance, including the monetary policy. "This shift, however, will not be sharp or abrupt," said Lu Ting, chief economist in China with Nomura Securities.

Around two decades ago, about 1,000 of Wang's neighbors moved to Xujiachong new village to make way for the construction of the dam, which locates in Yichang, Hubei province.

As Artificial Intelligence technologies advance, the US and China are expected to work together on developing common standards that will benefit the industry and society, according to experts.