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"China's macroeconomic indicators, however, remain stable at the moment, with GDP growth rate in the range of 6.7-6.9 percent for 12 quarters running. I believe Chinese companies and foreign companies in China are able to survive this, achieve better development," he added.

"Chinese customers are much more demanding of quality, of making sure the product lives up to expectations," he said. "That's why we look for good partnerships in China like Alibaba to make our products available and relevant to them."

"Constellations of smart, connected devices, faster wireless internet, big data, and AI are transforming the global economy and having a profound impact across many sectors, from manufacturing to healthcare to transport," Campinos said. "What we are seeing is not just an acceleration of the development of information and communications technology - it is a major shift toward a fully data-driven economy."

"Crowding, pollution and traffic - this is what people say about Manila," he said, gesturing at the gridlock.

"China's AI education development has entered a new phase. A great number of students yearn for high-quality education," Li said. "For an education company, the key to winning the game is that it should be able to use big data and AI to truly and greatly improve students' efficiency and capability.