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"China will be widening the business spectrum for foreign financial institutions and also expand the cooperation areas of Chinese and foreign financial markets," Xi said, addressing more than 2,000 politicians, business and media leaders and scholars at the four-day event, which started Sunday in South China's Hainan province.

"China took the lead for its early start in fully electric vehicle development," Zhang said.

"Chinese consumers' awareness of the benefits of nutritional supplements has risen dramatically, creating a huge growth opportunity for global players, from both traditional and cross-border online platforms," said Zhang Yuxin, a professor at the School of Public Health, China Medical University, Shenyang, Liaoning province.

"Chinese automakers have the capacity to challenge the dominance of market leaders on the back of economies of scale and they already have an edge with the electric vehicle technology that fits well into the Indian government's vision to become a key global base for electrification," said the report quoting Amit Kaushik, managing director at the consultancy firm Urban Science.

"China will become the world's leading winemaker and exporter. It is not a wild wish or a far-off strategy. It is what is about to happen in front of your eyes," said Gao Dong, general manager of Chateau Changyu Moser XV estate tourism company in Yinchuan, capital of Ningxia.