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"Currently, we generate about 70 percent of our revenue from the security sector and the rest from the big data industry," Yao said.

"Chinese companies have participated in some heavyweight projects in Italy," he said, adding that China and Italy will soon renew the action plan for cooperation, which expired at the end of last year.

"China will offer policy and financial support to food trade and infrastructure construction, aiming at encouraging Chinese grain enterprises to cooperate with BRI countries," said Zhang Wufeng, head of the State Grain and Reserves Administration, at a recent international food cooperation forum in Lanzhou in Northwest China's Gansu province.

"Companies from Hong Kong have learned to succeed in the long term by staying steady and keeping low leverage," said Huang. "Being steady is like navigating the sea. A high leverage and heavy debt will affect how you manage and control the quality of the development," she said.

"Currently, China's early childhood parenting and preschool education lags behind global standards, and China's vocational education also needs further improvement. All of these shortcomings will hinder China's labor market from transitioning to an AI-led future."