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Wang said China and Peru have a long history of contact and a solid foundation of traditional friendship.

Wang Qinmin, vice chairman of the National Committee of the Chinese People's Political Consultative Conference, said a smart society is the highest phase of a society in development after going through an agricultural society, industrial society and information society, and this is based on the development of the economy, society and informationalization.

Wang said the increased interest in Mandarin in the UK during the past decade has been overwhelming. He said the expansion of Confucius Institutes and the smaller Confucius Classrooms played an important role in the rise in the language's popularity.

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Wang also announced that the group will enter the general health sector with investments in hospitals, medicine, health care, and old-age care.

Wang Zhiguo, executive vice-president of the research institute at iFlytek Co Ltd, a leading voice recognition company in China, said AI is of increasing importance to robots, as it gives machines "eyes, ears, and a brain".

Wang Pengbo, an analyst at Beijing-based consultancy Analysys, said China has now become a leading exporter of mobile payment technologies. "China's mobile payment is leading the world in both market size and user numbers and Chinese mobile payment companies have stepped up efforts to expand their presence in overseas markets."

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Wang believes that elderly Chinese people nowadays come to nursing homes to either seek medical care or fulfill social and spiritual needs, so rated institutions should offer more specific services.

Wang Juan, 65, used to practice tai chi in her courtyard as a way of exercise. Now, she has found a better place - the forest.

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Wang Kege, the tribunal judge responsible for the case, told China Daily the case involved sufficient evidence and clear facts, "so I decided to conclude it promptly".

Wang added that the regulator would continue to coordinate with relevant government departments to dispose of local government debt, apart from enhancing its regulatory capabilities and bolstering areas of regulatory weakness.