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Jack Ma, founder of Alibaba, and Pony Ma, founder of Tencent, agreed on Wednesday that artificial intelligence will revolutionize the world, but how to make it happen and support small businesses set two of Asia's richest men apart.

Jack Ma hinted he would retire very soon in an interview with a Bloomberg TV journalist on Friday, by showing his passion to pursue philanthropy in education and environmental protection.

Jeff Bezos: ‘We will have to leave this planet … and it’s going to make this planet better’

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Jack Ma 2008 by World Economic Forum via wikipedia.

Jeff Schott, a senior researcher at the US Peterson Institute for International Economics, said that given the current situation, a lot of measures are expected, especially constructive policies, to ease tensions. "In Washington we always say that stop digging a deeper hole," he said.

Japan was long consigned to stagnation due to its aging population and rock-bottom birthrate. In order to defy demographics, the country is refreshing its labor force from three often-neglected pools: the elderly, women and foreigners.

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Jenny Clegg, vice-president of the Society for Anglo-Chinese Understanding, said: "In this time of crisis, international collaboration is vital. Europe and China are now leading the way. Through joint research efforts and sharing resources, the two sides are taking invaluable steps to tackle COVID-19."

Jean-Christophe Pointeau, Country Chair of Sanofi China, said: "Sanofi is proud to introduce one more innovative cutting-edge drug to Chinese patients. The approval of Aubagio marks the beginning of the era of oral DMT treatment for multiple sclerosis in China. It will help significantly improve patient compliance, effectively reduce the frequency of relapses, and delay the progression of disability. We sincerely appreciate the Chinese government’s determination and efforts in accelerating patients' access to innovation drugs. We also want to pay tribute to all the involved stakeholders, in particular the medical experts, for their strong support and advocacy. The majority of patients with multiple sclerosis are young and middle-aged individuals. The disease casts heavy pressure on patients and their families. We will work with our partners to enable Aubagio to benefit patients as early as possible, because we know the earlier patients have access to Aubagio,the earlier they will receive treatment and relief for their disease."

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Japanese Prime Minister Shinzo Abe was scheduled to meet with Pence on Wednesday, before Pence leaves for the Republic of Korea on Thursday to attend the Opening Ceremony of the Pyeongchang Winter Olympics the following day.

Jack Ma, founder and chairman of Alibaba Group Holding Ltd, poses for a photo with the first user of blockchain-enabled AlipayHK in Hong Kong on June 25, after she sent money through AlipayHK to Gcash, a Philippine e-payment application, at the launch event of the cross-border e-payment service. [Photo/XU KANGPING FOR CHINA DAILY]