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"China's fast-growing 4G network will provide a solid foundation for its manufacturers going forward. This will benefit greener, more efficient and sustainable industrial development in the park," Zhou said.

"Chinese carmakers cannot rely too much on their joint ventures for profit, which means they have to work harder on their own models. This will help cull the incompetent but cultivate the competitive such as Geely," Zhang said.

"Consumption via bank cards accounted for 48.7 percent in China's total retail sales of consumer goods, rising for a fourth year, giving a strong boost to consumption growth and upgrades," said Huang Runzhong, secretary general of the association.

"Chinese guests used to come in and just order what they wanted to eat, and the relationship between us was like we were just the cooks who processed the ingredients for them," says Tam.

"China's role in the digital economy is no longer a question, I am quite impressed by the country's openness, a role that will increasingly shape the century," said Fadi Chehade, co-chair of the advisory committee to the World Internet Conference.