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"China has the largest and most dynamic market. The engine of AI innovation may be in China in the future."

"Children here are as good as the children in the city. The only thing that they lack is the allocation of our education resources," said Ma. "Seeing this change, I feel really happy in my heart. Someday in the future, Mayin School could also have college students."

"But too much aggressive stimulus may lead to inflation and a surge in the macro leverage ratio," the PBOC governor warned. "Thus, (China) needs to keep using the conventional monetary policy tools as long as possible, to support the long-term development strategy."

"China is a society where they value skin care enormously and they begin to look after their skin much earlier than in the west," the company's founder and Director General, Gabriel Serrano, told Xinhua.

"By combining Ant Financial' s AI technologies with the capabilities of asset management companies in investor education and fund management, together we are making customized wealth management services more accessible for ordinary users," said Eric Jing, CEO of Ant Financial.