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"For instance, human resources personnel should not only know how to recruit people or calculate KPI (key performance indicators), but have a deep understanding of the company's business and its future development strategy."

"Food is absolutely indispensable to the masses. And food' is also a key ingredient of the Belt and Road Initiative," Calvin Yip, chairman of the organizer BRIFE Committee said at the opening ceremony of the expo, pointing out that most of the countries and regions involved in the Belt and Road Initiative are attaching an importance to the development of agriculture and food industry.

"Given the unprecedented state of play in the economy at the moment, the data is also extremely fluid and would produce a less instructive forecast," a senior administration official was quoted by the Post as saying, adding it would be "foolish" to publish forecasting data when it "may mislead the public."

"Hainan is my second home. I met my lifelong love, enjoyed life and learned so much on the lively island," he said, adding that he was greatly impressed by the unique culture and hospitality of the island's people.

"Furthermore, there will be no vacillation in consolidating and developing the public sector, or in encouraging, supporting and guiding nonpublic sector development," he said. "With the deepening of State-owned enterprise reform, especially mixed-ownership reform, more private capital will be encouraged to participate in the reform."