Quotable

"As a company born out of the (Hefei-based) University of Science and Technology of China, we have been focusing on voice recognition technologies for 18 years. We know what problems technology-oriented startups will face and how to help traditional companies upgrade themselves through AI."

HU YU, Executive president of iFlytek Co Ltd. The leading Chinese artificial intelligence company has announced it will set up a 1.02 billion yuan ($150 million; 127.47 million euros; ￡113.81 million) fund to support software and hardware developers.

"While Chinese consumers used to shop online for low prices in the past, it has been increasingly noticeable in the recent five years that people prefer products that indicate a better lifestyle or entail more added value."

JASON YU, General manager of Kantar Worldpanel for Greater China

"If you find something is changing and cheap, do some research and develop it. You will probably be very rich. You will only be a successful investor by staying with what you know and finding things that you know."

JIM ROGERS, Co-founder of the Quantum Fund

(China Daily European Weekly 10/27/2017 page24)