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"China should seize opportunities to boost innovation in deep learning, smart algorithms and chips, and modernize industries with AI technologies," Lin Nianxiu, deputy head of the National Development and Reform Commission (NDRC), told a room of entrepreneurs, researchers and policy-makers at the congress, which was held from May 16 to 18.

"Consumer goods account for only 15 percent of China's total trade volume, but in developed countries it's 30 to 40 percent," he said.

"Concerns about food and clothing are being taken care of at the parish level," she told China Daily. "Our next concern is the financial needs of the families. Many have paid rent but now have no income."

"Compared with Shanghai and Shenzhen, Beijing started earlier and developed faster," Nie said. "Beijing has been building innovation platforms and holding innovation contests to attract big companies and talent to participate, which have significantly raised investment efficiency."

"Compared with previous measures, the new round of development will be characteristic with more permission granted to the Pudong new area government in economic regulations, administrative approval, planning and governance," said Ma.