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"China also needs to accumulate more technologies and practical solutions to produce batteries for electric vehicles in a cheaper way and handle old batteries in a sustainable way," he said.

"China is a participant in and a beneficiary of technological globalization. It is also a contributor and a leader in promoting broader innovation and cooperation," Wang said at the opening ceremony of the two-day 17th Conference on International Exchange of Professionals in Shenzhen on Sunday.

"China is one of our most important strategic markets and we aim to provide Chinese consumers with the most innovative mobile experience. Artificial intelligence has become the new growth point pushing China's development, so we hope to launch AI-enabled smartphones and products," said Kwon Gyehyun, president of Samsung Electronics China operations.

"China is a big market, so Chinese companies understand how to deal with complex large markets ... That's something that we both have in common," he said.

"China is an important market in our downstream growth strategy; this marks the first BP site with our full offer, demonstrating our continued intent to provide charging solutions, fuels, and a high quality retail offer to our consumers," said Tufan Erginbilgic, chief executive, BP Downstream.