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Another Chinese handset maker Oppo in June had cancelled the livestream launch of its flagship 5G smartphone in the country amid protests.

Aplus Capital and Chenshan Capital have invested 125 million yuan (.5 million) in the Beijing-based Xiaomai. The company plans to use the funding to build up its supply chain and upgrade its products and system.

Apart from facial recognition, telecommunication and Chinese chess matches, artificial intelligence is now being applied in pharmaceutical research and development to help scientists develop innovative drugs.

Another day, another protest against a Seattle tech titan.

Apart from offering various opportunities to both sides, cooperation between the two economies is of particular significance amid growing trade tensions in the global economy, Bai added.