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"From World War II onwards trade liberalization under the old General Agreement on Tariffs and Trade culminated in the creation of the World Trade Organization. But these efforts focused on tariffs and legal aspects of globalization such as international standards while failing to deal with creating the material economic underpinnings of globalization such as infrastructure," he said.

"Given AI technology's data-driven nature, China's massive user base and the government's ability to use new inventions, China will definitely win the future of AI," Liu said on the sidelines of the ongoing NPC session.

"Fujian's FTZ is playing an increasingly important role in promoting joint development," Zheng said.

"Globally, places have weak traditional financial systems, and mobile payments and other non-cash payments are more developed," he said.

"For China, it is an appropriate time to be a bullet train manufacturer in the world market," said Yu Weiping, CRRC's vice-president.