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He added that China always follows market rules and international practices and attaches great importance to debt sustainability when promoting international cooperation under the Belt and Road Initiative.

The rich countries boast the largest number of the biggest multinational corporations (MNCs), like Apple, McDonald's and IKEA. These MNCs have operations overseas, where operation costs are lower, to jack up their profits and then remit back the lion's share of that, leaving the assembly line workers in developing countries with only crumbs.

Individual investors can also benefit from the launch as their interests are better protected in exchanges rather than through over-the-counter trading, according to Gu.

China should raise more world-class talent in the industry, and should respond to the questions and issues that concern the public, enhance the joint research of natural sciences and social sciences, and create a favorable social environment for the development of AI.

"If we proceed from a foundation of mutual respect and understanding, we will identify areas of common interest and together meet challenges ahead," Schwarzman said.