Zhou Ying, an official at the CBD management commission, said currently a total of 550 foreign-funded companies including 88 multinationals have set up their headquarters in the area.
Zhu Guang, CEO of Du Xiaoman Financial, the financial arm of Baidu, said: "In China, in the coming five to 10 years, AI technology will be deeply integrated into every industry. Some major companies will offer better instruments and better algorithms, to spread the AI revolution to every industry. The wave of AI gives people more time to use imagination and creativity, in order to make things that cannot be replaced by machines better."
Zhoushan had been depending on the "port economy" and the "crossing economy". With the start of the FTZ, it is expected to transfer storage and transportation to value-added processing trade.
Zhouqu is prone to frequent landslides and mudslides. The county has strengthened the construction of a geological disaster early warning system, which has been monitoring 173 potential geological disaster points over the past decade.
Zhuang said he expected the share of the investments undertaken by government agencies to further decline in the future, because of the effects of deregulation and the leveling of the playing field.
Zhou Yi, manager of the bookstore, is one of the specialists.
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Zhuang said the work of going after powerful "tigers" (senior officials) as well as lowly "flies" (grassroots government functionaries) has sped up. Putting the tigers into "cages" is a priority for law enforcement bodies, he said; therefore the sentences were comparatively intense in the first half of the year.
Zipse said the carmaker's China sales in April were almost 14 percent up year-on-year.
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Zhu said overseas buyers visiting his store as well as other stores in Yiwu have increased by 5 percent this year. He attributed the rise to buyers' eagerness to complete purchases before prices rise further due to higher US import tariffs on Chinese goods.