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As a one-off shock, the epidemic is expected to cause a quick and deep market slump, followed by a slow bottoming-out, the report said, citing that the A-share market should be on an upward trajectory over the next two and three years driven by tech shares.

As for AI development, Li said, "in the next three to five years, people will be sure to feel the impact of the AI in their daily lives. I think one important thing is how we put human value in front of the machine algorithm, so that we can use the technology for good".

As for non-financial outbound direct investment in 2017, the ministry's data showed the figure decreased nearly 30 percent year-on-year to 0.08 billion, which covers 6,236 overseas businesses from 174 countries and regions.

As a comrade and friend, China is sincerely pleased with this, he stressed.

As a result, Baihe Senior High has become a leading school in the area around Ankang, which administers Baihe, sending the largest number of students to second-tier universities for 17 years.