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"China should seize the opportunities to boost innovation in deep learning, smart algorithms and chips, and modernize industries with AI technologies," Lin Nianxiu, deputy head of the National Development and Reform Commission, said at the congress held from May 16 to 18.

"Collaboration is of mutual benefit to our company and the academic world," Gao said. "We offer business insight and data, while the schools provide cutting-edge research and expertise.

"Cooperation on climate between the world's two largest emitters will benefit both countries and accelerate the whole process for everyone," said Barbara Finamore, senior strategic director for Asia at the Natural Resources Defense Council.

"Chinese breweries' growing international reputation has allowed us to more easily win trust from international customers by telling them we already supply leading Chinese breweries," said He Sheng, general manager of Central International Machinery, which has been exporting to overseas markets since 2006.

"China's current storage capacity is a bottleneck. The country's plan to add underground gas storage should help ease the pressure of peak gas demand in winter," said Wang Lu, Asia-Pacific oil and gas analyst at Bloomberg Intelligence.