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As ASEAN has undergone a rapid digital economic transformation, he said, cooperation with China will help ASEAN choose a more advanced growth path, especially in the areas of digital economy and high-end manufacturing.

Around three quarters of people born after the 1990s said their decision-making toward certain products is impacted by content on online platforms, according to a report on future branding by the China Council for the Promotion of International Trade and social commerce platform Xiaohongshu.

Arthur Yu, Jaguar Land Rover's vice-president and chief financial officer of its China operations, said the loan marks the carmaker's first debt financing in the country since its arrival in 2010.

As I write this, our recent stock performance has been positive, but we constantly remind ourselves of an important point – as I frequently quote famed investor Benjamin Graham in our employee all-hands meetings – “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” We don’t celebrate a 10% increase in the stock price like we celebrate excellent customer experience. We aren’t 10% smarter when that happens and conversely aren’t 10% dumber when the stock goes the other way. We want to be weighed, and we’re always working to build a heavier company.

Around 100 academicians and leading scientists from home and abroad will also participate in the annual event, which is aimed to serve as a platform for scientific cooperation and applications to address important issues such as human health and environmental problems.