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"China is making a very sensible bet here on AI. It is very well placed to take advantage of the coming AI revolution. It has a lot of data, it has lots of big tech companies which are well positioned to develop," Walsh said.
"China has all along supported the EU integration process, and we welcome a united and prosperous EU," Li said.
"China has numerous patients suffering from chronic diseases and mental illness, and is becoming an aging society. In addition, the public have more spare time and increased salaries," he said, adding that "this is a great transformation opportunity for China."
"But we need to maximize opportunities and minimize challenges by tackling anti-globalization forces to accelerate growth," he added.
"By 2030, they think it's going to be a 150-billion-dollar market in China. They think it's going to reframe the basis of competition worldwide and add a trillion dollars to China's GDP."
