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"Craftsmanship should be reflected in every product and every procedure, and should become a pillar for building a strong manufacturing nation," Li said. "It will be helpful for Chinese brands entering the global arena if youngsters are keen to become craftsmen and pursue excellence."

"Cross-border M&As with strategic significance, especially industrial upgrading and the Belt and Road-related projects, will dominate the overseas M&A market in 2017," said Chen.

"China's private investment has picked up after a slew of measures have taken effect," said Han Zhifeng, deputy head of the NDRC's investment department.

"Collaboration between development institutions is essential to make the best use of scarce resources, crow in the private sector, and meet the rising aspirations of the people we serve," said Jim Yong Kim, president of the World Bank.

"Chinese education is experiencing a huge change from offline to online," said Jiang Kai, managing director of Coatue China.