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"Education is the foundation to ensure the sustained development and enthusiasm of AI-powered industries. The SenseTime education subsidiary reflects not only our passion for teaching and educating people, but also our determination to promote AI education," said Liu Gang, president of the emerging innovative business group at SenseTime.

"Despite the negative impact brought by the contagion, a string of industries has resumed work one after another with pent-up demand," said Zhou Hao, the firm's partner and head of private equity as well as merger and acquisition practice in China.

"ET is working with Chinese government to make Addis Ababa an aviation hub between China and Africa. Addis Ababa will not only be a transfer point for air traffic and cargo, but also a hub for growth of Chinese aviation technology in Africa," he further said.

"Fang's remark signaled more reforms which feature less administrative controls and intensified crackdown on illegal market behaviors," said Dong Dengxin, director of the Finance and Securities Institute at the Wuhan University of Science and Technology.

"Enlarging our market share of business inkjet printers and laser printers is one of our priorities." he said.