Li made the remarks at the Baidu World 2020, the company's annual flagship technology conference held in Beijing last month. According to him, intelligent infrastructure based on the vehicle-road coordination system is expected to improve traffic efficiency by 15 to 30 percent, thus bringing in 2.4 percent to 4.8 percent absolute economic growth.
Licon hopes to strength the cooperation between Houston and China. He said Houston has a much more balanced trade with China as a city. He hopes more Chinese companies could come and make use of all the resources available.
Liberal Party MPs hold the majority of seats on the Ethics Committee, so it is unlikely the opposition motion would pass at the meeting.
Li said the AI algorithms have been gradually put into practice in more fields over the past few years, which will largely affect people's daily lives and bring profound changes in production efficiency in the whole world.
Li said it will need a second plant in the long run. "It is not something urgent but we are working out plans," he said.
Lien, who retired as KMT chairman in August 2005, has been an important figure in the history of the relationship between the Communist Party of China and KMT, and in the history of cross-Straits relations.
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Li said a level playing field will help the upgrades of the country's manufacturing sector.
Liang Hong, chief economist of the China International Capital Corporation, recently wrote in a research note that the decrease in banks' reserved cash "doesn't go against financial deleveraging as a long-term target".
Lily Koppel
Li said Trinidad and Tobago was among the first Caribbean countries to establish diplomatic ties with China.