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Artificial intelligence is one of the hottest topics in China and the year 2019 marks China's 25th anniversary of access to the internet. In this special video, Tang Wenbin, CTO of Beijing Megvii Co Ltd, shared his views about China's internet development and the booming AI industry.

Artificial intelligence automation, consumption upgrades in smaller cities, as well as the overseas market will be the next investment hotbeds, he predicted.

Around 1500 GMT, WTI pulled back to .82 per barrel but was still down almost 41 percent compared with Friday. The fall is severe as it concerns the May contract due to expire later Monday and investors don't want to take physical possession of the oil, traders said.

As China continues to improve the quality of goods, exports should be able to keep stable growth, Mao said.

As EY found out, Chinese respondents lead their global peers in the adoption of AI technology, with 10 percent already using it compared with 6 percent globally. A majority of 77 percent of Chinese respondents said they will introduce AI into their operations within the next two years, while the number is 66 percent worldwide. Almost 99 percent of the surveyed Chinese companies said they will have adopted AI by 2023.