He Jian, LITB's chief executive officer, persuaded himself to discern potential opportunities in the crisis brought about by the pandemic.
Having evolved from being an economically struggling country in 1978-similar to the current state of some African countries today-China has developed into a global economic powerhouse in the space of just four decades. It now aims to leave extreme poverty behind by 2020 and fully modernize by 2050.
He added that it will have a flight range of 1,000 kilometers and will be able to fly at an altitude of more than 3 km. The blimp will come in two types, one piloted and one remotely controlled, he said. Details on the blimp's size were not disclosed.
He added with the further advancement of AI, their products can help users obtain and express information better. It has launched a lip-reading machine, which can understand what users are asking just through their lip movements.
He also warned that the growth in the size and revenue of the world's largest tech companies, including China's Tencent and Alibaba, as well as Facebook and Google in the United States, could be a barrier to innovation in artificial intelligence.
He added that it is a good time for the exhibition now. After the COVID-19 outbreak, he noticed some "disappointing stories in the media about how people are viewing Chinese in Australia".
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He Chunlei, Vice Chairman and President of China Re, hosted the summit, and commented that the launch of China Re's earthquake catastrophe model marks a new beginning of the company's contribution to China's modern risk management. China Re will leverage China Re Catastrophe Risk Management Company as an innovative platform to integrate resources from all parties, and accelerate the establishment of China's catastrophe insurance industry infrastructure. China Re will continue assisting the Chinese government and the insurance industry to improve their catastrophe risk control capabilities, and safeguarding the good life of the Chinese people.
He also believes it is "overly harsh" for the NSS to conclude that engagement with China has failed.
Having been in the paper crafting industry for over 10 years now, Fatema says paper quilling still has some distance to cover before it becomes popular.
He added that some government departments have invited legal consultants or experts to guide their drafting of regulations to prevent inconsistency with the Constitution from the start.