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"Consumption has been playing a bigger role in China's economic development while the country is undergoing economic restructuring. The trading hub will cater to the demand of increasingly sophisticated Chinese consumers. It is our hope that we can build the trading hub as the ideal venue for companies to launch new products and into a most influential distribution center for imports and exports,"Zhang said.

"Chips and software are closely bounded. That is particularly true in AI, as chips powering an application must be specifically designed. China's booming software market and large user base will allow homegrown companies to update chip design quickly based on user experience," said Roger Sheng, research director at consultancy Gartner Inc.

"China strongly urges the United States to abide by the one-China principle, the three joint communiques between the two countries, and UNGA Resolution 2578, and immediately stop backing the Taiwan region, politicizing and undermining international response to the pandemic," he added.

"Creating icons is hugely important－if you can't see it, you can't be it－and now we have those athletes in place, we need to make sure people know about it. We're in a really good place at creating inspiration for our nation."

"Cuba categorically rejects the slanderous accusations launched by US Secretary of State at the United Nations Security Council. His attack on the constitutionality of Venezuela, orchestrated from Washington, is doomed to fail despite all lies," said Rodriguez on his Twitter account.