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Application of AI technologies to socio-economic development should be intensified to advance the industrialization of the technologies so as to create good momentum for the integration of technological innovations with industrial applications, Xi said.

Applications for business travel management will become more tailor-made according to the different types and demand of companies with the help of big data and artificial intelligence so that business travelers can reduce the time spent on planning, she added.

Apple Inc will invest billion in new data centers in Guizhou province in China, as the United States tech giant steps up efforts to meet local consumers' growing demand for cloud services.

Applications for work permits for top overseas talent will be streamlined next year to attract more skilled foreigners, according to a senior government official.

As Chinese companies diversify their assets, he also expects the increasing outward direct investments into the region.