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Around 600 entrepreneurs, prominent investors and academic experts attended a summit held to explore the trend of new economy in Xiamen, Fujian province. [Photo/NEDS]

Art insurance is regarded as the most direct and efficient way to control such risks and help policyholders gain economic compensation afterwards, according to Yang Hongbo, general manager of property insurance business of TK.cn, a subsidiary of Chinese major insurer Taikang Insurance Group.

Artificial intelligence and the cloud-based internet of things are two major application areas where China's homegrown chips can have a good chance to compete with global players, internet titan Alibaba Group's technology chief said on Saturday.

Ardern is just the second elected world leader to give birth while holding office. Many hope the 37-year-old will become a role model for combining motherhood with political leadership.

Around 50 exhibitors and 100 local buyers attended the matchmaking session, and a video conferencing area was set up to connect companies which cannot come to the site.