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"China is at the forefront of cutting-edge technologies, especially artificial intelligence (AI) and other technologies and also the implementation of digital technologies in all walks of life, in transportation, machines, robotics and everything," Vardi, chairman of International Technologies, told Xinhua during the World Economic Forum (WEF) annual meeting here on Wednesday.

"China is pretty big geographically, so it may make sense to have factories in other parts of China in order to reduce logistics costs," said Musk at Tesla's annual shareholder meeting in Mountain View, California. "The faster you scale, the more cash you have."

"China hopes the two sides will cherish the positive progress made during this period of time, maintain patience, exchange goodwill, and move toward each other," Foreign Ministry spokesman Lu Kang said on Friday when commenting on Washington's abrupt withdrawal from a summit with DPRK top leader Kim Jong-un.

"China enjoys close communication and cooperation with the WHO, and updates the WHO in an open, transparent and responsible manner. After the outbreak of COVID-19, China immediately reported to the WHO, shared with it and the international community the genetic sequence and China's prevention and treatment experience without reservation," said the ambassador.

"Canberrans have been doing an incredible job in helping us stop the spread of COVID-19 and we have now only uncovered one confirmed case in the past nine days," said the minister.