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"China is a most dynamic market where more than 400,000 software developers are using Microsoft's platforms and technologies to create applications. More importantly, 100,000 of them work with our AI-enabled tools. By having extended cooperation with China, we hope to find new opportunities in the country," Shum said at a Microsoft AI conference in Beijing.
"China is creating mega unicorns at a fast pace, and some of the leading companies are now as big as comparable US firms. For example, Tencent is as big as Facebook," said Harry Man, a partner and founding member of Matrix Partners China, a venture capital company founded in 2008.
"COVID-19 has disrupted our social and economic order at lightning speed and on a scale that we have not seen in living memory," Georgieva said.
"China is the most successful example of external rebalancing in the post-crisis period among the major surplus economies," said the report.
"China is very experienced in land renewal. We've seen a successful case in the Kubuqi Desert, where 6,000 square kilometers of land once covered by sand is now green and more than 100,000 of its people are now out of poverty," said Monique Barbut, the UN desertification convention executive secretary.
