SHANGHAI, Sept. 13 (Xinhua) -- China's leading artificial intelligence firm DeepBlue Technology and Luxembourg LHoFT, a fintech hub, signed an agreement Wednesday to open three joint labs in Luxembourg.

The joint labs will focus on mutual openness and cooperation between China and Europe in the fields of basic research and application of artificial intelligence (AI).

Anderson Chen, founder and CEO of DeepBlue Technology, said he is looking forward to establishing more partnership with other European countries in the near future.

"The world is in the midst of great development, great changes and major adjustments in which countries are becoming more connected. Openness and cooperation are the only paths to help us cope with the global trends to build a new world pattern for AI," Chen said.

DeepBlue Technology also signed an agreement with its four strategic partners, PwC, KPMG, Farvest and Telindus to enhance cooperation and innovation of AI in China and Europe.

Jorg Ackermann, a partner at PwC Luxembourg, said both sides can jointly explore innovative applications of cutting-edge AI technology in different business scenarios across many industries, create smart solutions for customers in Europe and all over the world, and become world leaders in AI.