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He also said that the production base in the rest of the world is showing fatigue after three years of unprecedented underinvestment. "The underlying signs of weakness will likely become more evident in the coming year, as the production additions from investments made in the previous upcycle start to noticeably fall off."

He added, “As we do with all of our partners, we’re looking for ways to improve the Nike consumer experience on Amazon by elevating the way the brand is presented and increasing the quality of product storytelling. We’re in the early stages, but we look forward to evaluating the results of the pilot.”

Hazem Bazan, vice-president of Channels and Commercial Sales of Huawei Middle East, said that Huawei, through its programs, supports the Saudi Vision 2030, which aims at building "an innovative and globally-competitive economy through digital transformation."

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He added the country's strong support for developing artificial intelligence has brought about enormous opportunities for the company. At present, Amazon Web Services' machine learning services have been leveraged in the fields of industry, healthcare, online education, media, automobile, retail and gaming.

He also called for measures to improve social governance, build stronger public health and disease-control systems, create more job opportunities and uphold social stability.

He added this evolution will influence every industry from top to bottom. Everything, from data to information, to industry insight and to decision-making, will be affected.

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He also advised the Chinese workers to acquire a new work permit once they change their employer because failure to do so will be committing an offence.

He also praised the people of Shenzhen for their determination to pursue social mobility. "The city leaves an impression on me that people are eager for advancement. It is hard for such a city not to succeed," Wu concluded.

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He also attended art college and spent his holidays traveling in cities and villages as well as visiting ethnic communities to observe the diverse physical features of the locals. After sketching tens of thousands of pictures for various cases, he began to earn a reputation. "The more challenging the case, the more motivated I become," he told China Central Television in an interview.

He also said IBM has built a long-term trust with Chinese banks and its data center mainframes have been at the core of China's financial systems for decades.