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As China has upped its digitalization and technological innovation, Barber said it has allowed the country to realize significant productivity, or digital dividends for its economy.

Around 500 experts and people from domestic and abroad wine organizations, associations, colleges, enterprises and companies will take part in the expo, the ninth of its kind, themed "gathering to realize purple dream."

As I write this, our recent stock performance has been positive, but we constantly remind ourselves of an important point – as I frequently quote famed investor Benjamin Graham in our employee all-hands meetings – “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” We don’t celebrate a 10% increase in the stock price like we celebrate excellent customer experience. We aren’t 10% smarter when that happens and conversely aren’t 10% dumber when the stock goes the other way. We want to be weighed, and we’re always working to build a heavier company.

As Chinese auto companies work to upgrade quality, 'Made-in-China' cars have won more and more international recognition.

Apple has been accusing Samsung of "lavishly" copying the design of the iPhone, and it was awarded 9 million in damages by a US jury last month.