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Artificial intelligence has a big role to play in empowering the traditional education system, its concepts and pedagogy, experts and scholars said during a sub-forum of the World Artificial Intelligence Conference in Shanghai on Friday.

As China is keen to steer the economy toward innovation and technology-driven high-quality growth through effective reforms, automaker Volkswagen AG spent 1 billion euros (.12 billion) in late May to acquire a 50-percent stake in a subsidiary of Anhui Jianghuai Automobile Group Corp, or JAC.

Are they comfortable licensing out technology that is so crucial to their future to a Chinese company?

As Midea explained, the company has completed a number of global mergers and acquisitions. It has also explored new businesses for diversification, and consolidated its global operations, besides reinforcing its leadership in robotics and intelligent automation.

Artworks translated from Chinese into other languages must be created by Shanghai-based authors in order to qualify for the competition.