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Rains hit most parts of the island province from 8 pm Tuesday to 6 am Wednesday, with more expected on Wednesday.

R&D and production of passenger jets demand long-term and persistent input of personnel, technology and funds, and insurance funds can meet such demands as they are large in scale and stable in supply, said Chen Wenhui, vice-chairman of China Insurance Regulatory Commission (CIRC).

Ramping up support for the development of inclusive finance and private enterprises, the bank's outstanding inclusive finance loans granted to micro and small enterprises reached 379.2 billion yuan, up 27 percent over the prior year-end.

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Rajesh Agrawal, Deputy Mayor for Business, said: "China is the fastest growing large economy in the world and is emerging as a tech and innovation powerhouse. It makes perfect sense for these companies to visit the country and develop closer ties.

Recently, Peter Medgyessy, Hungary's former prime minister, invited Wang to dinner and thanked him for his contribution to boosting Chinese culture in the country.

Rashid: I’ve stopped really thinking about what devices I use because the only things that are permanent and interesting to me are in the cloud. I could be doing something on my phone or doing something on my PC or switch between PCs and I’m really working on exactly the same documents, I’m really sending the same email, I’m really doing all the same things. Everything is focused on the cloud. All of the adaptations about me are now being pushed down to those devices.

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Rashid: Personally I’m super excited about where we’re going with artificial intelligence, deep neural networks, reinforcement learning. We’re also starting to see a lot of really good work as people seem to be understanding the intellectual underpinnings of some of those areas, as well. Back when I was here, it was always a very big hotbed of robotics research, but now I think that takes on more urgency as we can do more and more with robots. Our capabilities of using robots for a broader collection of tasks has really changed our thinking about the role computers can play in our society.

Recruitment specialist company Hays has said that CEOs in China are already working to tackle the challenges caused by AI and automation by studying the markets with the local governments, re-training existing workers, educating executives, updating IT infrastructure and going over their current HR practices to ensure they hire workers with the right skills.

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Recently, the city has introduced a series of measures to support foreign trade enterprises, helping them resume production as soon as possible and ensuring the delivery of overseas orders and market stability.

Rana Mitter, director of the Dickson Poon University of Oxford China Centre, said that China's role "continues to be central" to this year's World Economic Forum meeting in Davos from Tuesday to Friday.