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"Despite the suspension of production from the end of January to early March, we are confident we can meet the goals for production and sales set for this year," Yang said, adding that his company earned 400 million yuan (.7 million) in revenue last year and is striving to have 20 percent growth this year.

"Even though the US enjoys an advantage in the development of algorithms, China's edge lies in its huge base of data," Zhang said before Summer Davos started in Dalian. "And without data, algorithms cannot work.

"Despite seeing great investment opportunities, those companies are also facing challenges like a lack of knowledge about local laws and regulations," Xu added. "We called for a commercial service center that can provide Chinese companies with such information services in ASEAN countries."

"Expanding financing to businesses is key to help them overcome the cash flow pressures due to the COVID-19 disruption, acting as one of the backbones in this year's bailout policies," said Yang Chengzhang, a national political adviser and chief economist with Shenwan Hongyuan Securities.

"Extremely delighted that President of the United States of America and First Lady of the United States will visit India on 24th and 25th February. India will accord a memorable welcome to our esteemed guests. This visit is a very special one and it will go a long way in further cementing India-USA friendship," Modi wrote on Twitter.