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Apple's shares — and the broader market — took a pounding a day after CEO Tim Cook said in a letter to shareholders that the company would miss its revenue expectations for the fiscal first quarter. The stock had fallen almost 8 percent after hours on Wednesday.

Around 800 delegates from 258 media outlets took part in the event, offering insights on the sector's development trends and innovative and revolutionary collaborations on content, technology and international communications.

Artificial intelligence may increase the stress on US-China relations, but there is a bigger picture that should not be ignored: potential opportunities for cooperation, as both countries are navigating the frontier of technology, a senior researcher said on Tuesday.

As China's domestic financial tightening continues, the World Bank expected its GDP growth to slow to 6.4 percent in 2018 and further down to 6.3 percent in 2019.

As China and the EU are partners instead of rivals, Wang said bilateral exchanges should be mutually beneficial, rather than a zero-sum game where one's gain is another's loss.