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As China has upped its digitalization and technological innovation, Barber said it has allowed the country to realize significant productivity, or digital dividends for its economy.

Apricot blossoms in the south bloom earlier than the north, meaning the entire blooming period lasts about 20 days.

Artificial intelligence technology will transform the medical sector and trigger an estimated 1 trillion yuan (7 billion) market during the next 20 years.

As Leung explained, equipment manufacturing as well as research and development are included in the Made in China 2025 strategy. These companies usually invest heavily in their early days in machines, plants and all other related facilities. It will take a long time before they finally register sales and profits. With the new policy, the VAT can be retained, which means that companies can enjoy a tax rebate when they eventually report sales results. It can largely secure their cash flow and relieve this tax burden.

Ari Holtzman, a member of the Sounding Board team, interacts with Amazon’s Alexa at a UW event on Tuesday.