The move came just several months after the company announced its triple increase plan late last year, as China gained strong momentum in digital transformation and called for more intensified efforts to develop advanced technologies, including big data, cloud computing and artificial intelligence.
The move came after Malaysian Prime Minister Mahathir Mohamad visited SenseTime in Beijing in April. During that trip, SenseTime inked a deal with Malaysian technology company G3 Global Berhad and China Harbour Engineering Company Ltd to build Malaysia's first AI park.
The name Chagan, Mongolian in origin, means sacred, white or pure. So the lake is also referred to as Holy Water Lake. It is a freshwater body that covers more than 500 square kilometers - one of the 10 biggest freshwater lakes in China.
The move is also the latest push by Huawei to expand its presence in Europe, which is the company's largest overseas market and is seen by company founder Ren Zhengfei as the enterprise's second home.
The move comes after a video was shared online on Thursday featuring two 14-year-olds from Liangshan's Butuo county fighting in a ring similar to the kind used for mixed martial arts.
The move shows consumers can finally pay to access the superfast speed of 5G, as more than 86,000 5G base stations have already entered services in China.
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The moves can increase the sources of funds for financial institutions to support the real economy and reduce the annual capital cost of banks by about 15 billion yuan, according to the central bank.
The move comes as privacy becomes a major issue in the age of artificial intelligence, when companies are gathering valuable data to beef up AI-driven functions.
The movie, directed by female director Hua Ming, who made her name with her debut Fall in Love (2013), is about three best friends.
The nation produces less general waste per person than most developed countries, but it generates more plastic waste per capita than anywhere except the United States.