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Wang considers the studio a training center in which all staff in the business department can make their own reports that are automatically updated as data changes. This means each person can be a data analyst in their own field, she says.

Wang expected that a major proportion of the government's fiscal spending will be used in boosting infrastructure investment which will likely grow at around 10 percent this year. Meanwhile, the People's Bank of China, the central bank, will continue to inject liquidity into the financial market and to lower corporate financing costs by reducing banks' reserve requirement ratio and benchmark lending rates.

Wang said he would not appeal to higher court.

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Wang Jun, a researcher at the China Center for International Economic Exchanges, expects more favorable policies to further boost domestic shopping this year as nationwide tax cuts continue.

Wang Xiaochuan: The development of the machine translation technology enables people to communicate across language barriers. Because information is asymmetric and incorrect, it is difficult for us to work together. And when we can communicate across languages, the civilization will be rewritten, wars will be fewer, and communication between different races will bring about a new kind of civilization.

Wang Tao, chief China economist at Swiss bank UBS, said that credit defaults will likely rise as corporate cash flows will be hit. Consumption-related industries including retail, catering and tourism will bear the brunt of the epidemic while sectors such as healthcare, e-commerce and online videos and games will benefit, she added.

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Wang introduced the Forum on China-Africa Cooperation summit to be held in Beijing this year, saying that China expects to strengthen communication with African friends to make the summit a historic event, and push the China-Africa comprehensive strategic partnership to new heights.

Wang also highlighted the importance of giving equal protection to handling foreign-related civil and maritime disputes, "as optimizing the business environment is crucial to our country's opening-up," she said.

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Wang said the province received 52.3 million tourists, an increase of 12.8 percent, including 43.9 million overnight tourists, an increase of 11.6 percent. About 871,700 visitors came from overseas, up 9.4 percent, and they created an income of 7 million for local tourism businesses. Total business revenue saw an increase of 15.8 percent, to hit 64.2 billion yuan.

Wang said his company is on the verge of raising another 0 million from investors in China and the US – mainly in Michigan and Silicon Valley to fund more expansion.