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"China's asset management industry has witnessed astonishing development by leaps and bounds in recent years, and we have faith that such growth will remain robust in the medium and long term," Shin added.

"Considering the European market tends to be conservative and stable, the end of the EU's restrictions won't affect demand immediately but the demand in the European market is likely to be higher than the originally anticipated figure due to price cuts starting from next year," he said.

"Compulsory technology transfers are explicitly banned, while we encourage the exchanges of knowledge and technology," he said, ruling out that China forces foreign companies to transfer their technology when considering investments in China.

"Corporations have to pay tax and avoid illicit financial outflows. Governments have to close tax loopholes which rob the poor of the money required for healthcare, education and development," she said, noting that Africa loses over billion per year in illicit financial outflows.

"Concrete efforts should be made to ensure that those with merit and contributions gain respect and benefits," Li said. He called for China's strength in science and technology to be built up, and urged increasing basic scientific research, diversifying investment in research and development, boosted integration of basic and applied sciences and enhanced innovative ability.