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"Commercial banks' general asset management business contracted last year, largely due to the newly released asset management regulations. But China's private banking sector grew unexpectedly, leading wealthy Chinese to invest in the country's key sectors to optimize social resources and accelerate the transformation of China's banking industry," said Bai Ruiming, deputy secretary-general of the association.

"Chinese students at our university act as a crucial bridge for our other students to better understand China," said Pitt. "We are also consciously building up our Chinese alumni network. Our Chinese alumni can help our efforts to strengthen our reputation in China, and that can open doors to new joint-teaching and research partnership opportunities between us and Chinese universities."

"China welcomes more countries to participate in the development of the nation's intelligent connected vehicles, including technology, manufacturing, talent and safety supervision," Miao Wei, minister of industry and information technology, said at the World Intelligent Connected Vehicles Conference.

"China will remain a must-win market for car brands in the foreseeable future," said Paul Gao, senior partner and head of McKinsey's automotive practice in Asia. "As Chinese consumers continue to become more sophisticated, automakers must reinvent their success formulas to surprise and delight them."

"China's population is aging rapidly. The elderly need to be cared for, and yet their children are often busy with work," Wang said. "We see a big market potential."