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"Cambricon's IP is quite good, but it is not enough to meet our needs to have chips that can support all AI application scenarios. We want to have an architecture that can deliver both extremely big computing capacity and extremely low-power consumption," Xu said.

"CHTF offers a great opportunity for us to gain access to advanced technologies. It will help the country to move faster toward its goal of building a technology-driven economy," he said.

"Cao came from a small village. Academically he had a deprived background, but he was a very pleasant boy, and he worked extremely hard."

"China is entering a new stage of institutional and rule-based opening up, which is more advanced compared with the opening up of the market," said Zhang Monan, a research fellow of the China Center for International Economic Exchanges.

"By mid-Feb, the first production lines can provide 1.4 million masks per day," said Lin Yanting, deputy general manager. "And daily output can reach 3.5 million pieces by the end of March with expanded production lines."