He added that even though cloud computing is not completely immune to cyber attacks; it provides a safer and a more convenient platform for governments and private firms to store data.
He also noted that China's growth and development is "unprecedented" in terms of increasing urbanization from around 10 percent in 1949 to over 50 percent today.
He added that one of the biggest lessons learned, as well as advice for other foreign enterprises in China, is to localize in pace with expansion.
He also said that it is always necessary in all countries worldwide to protect government bodies, citizens and public properties, and to maintain public order.
He also claimed that Euronet derives only 28 percent of its revenue from the US and pays virtually no tax in the country, according to its annual report to shareholders.
He added that such relocations will give China more time to adjust to new situations while upgrading its economy. Moreover, China's growing domestic market is becoming its source of advantage on the demand side, Cai said.
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He also said the country plans to keep the surveyed urban unemployment rate around 6 percent-half a percentage point higher than last year's target-and the registered urban unemployment rate around 5.5 percent, an increase of 1 percentage point.
He Dongdong, Sany's senior vice-president, said the group's next step is to accelerate its progress in artificial intelligence technology development, as it can connect all its products with a cloud data platform to boost work efficiency.
He Lifeng, minister of the National Development and Reform Commission, the top economic planner, called the bay area project a "millennium plan" when speaking with journalists on Friday, and said it should be more efficient, orderly and effective in the next stage.
He also stressed that the passion of Chinese fans "has exceeded all expectations", and the exact number of Chinese fans attending the matches will be clear only after the end of the World Cup.