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Apart from promoting social interactions, AI technology is also helping get game players involved in exercises offline in the real world.

Ant Financial was split off from Alibaba and obtained business independence in 2014, making it a powerful financial player.

Apart from boosting trade volume in medical equipment and agricultural products, as well as building partnership in vaccine research and development, Huo reiterated that it is also critical for China and the US－the two largest economies in the world, to move from confrontation to dialogue and take more steps to ensure the smooth operation of global supply chains.

Another benefit of digitization is it facilitates delivery of goods. Currently, the megastore offers quick-delivery service within a 5-kilometer radius of the store, with minimum time required being two hours. With big data, the store may adjust its stocks according to sales. In addition, goods distribution and adjustment with other store branches becomes easier.

Apart from the well-known Chinese museum intellectual property, some established foreign IPs have also found the Chinese culture and art market promising.