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"Compared with traditional courses, AI lessons are set to offer personalized learning at a larger scale and lower cost," Liu said on Thursday.

"China's wealth management industry will embrace a historical transition of business models and a comprehensive restructuring of its ecosystem. The establishment of ABC Wealth Management is an important measure taken by the Agricultural Bank of China to carry out supply-side structural reform in the financial sector, further implement new regulations on the asset management industry, push for high-quality development of the real economy, and actively tackle changes in the wealth management industry," said Zhou Mubing, chairman of Agricultural Bank of China, the country's third largest commercial lender by assets.

"China's import duty on US pecans had long been set at 24 percent, but since 2015, China agreed to reduce the tariffs twice - and now the rate is only 7 percent," said Matthew Bailey, a pecan grower in Georgia.

"Continental is committed to providing mobility solutions and services to people and goods, and we see China as the market primed for services.

"China's National Day holiday, also dubbed 'Golden Week' for the tourism and consumption boom, will also see millions of Chinese hit the road for travel," he said, adding that the combined holidays will no doubt create a bigger challenge for the transport system.