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"By the end of last year, there are over 400 foreign institutions investing in China's interbank bond market with a total amount of more than 800 billion yuan (6.17 billion)," Yi said.

"China has recovered from the pandemic in an exceptional manner. We have seen the quick recovery of the Chinese economy and the construction industry that Caterpillar serves. In our segment, the Asia-Pacific region has remained largely positive in the third quarter, driven by the continued strong demand in China," said Chen Qihua, vice-president of China operations at Caterpillar.

"Chicago started something and embarked on a different road five years ago," he said. "If we do this right..., the rain will disappear, the sun will come out, and something beautiful will grow."

"By setting up facial recognition devices at the airport, travelers will go though rounds of security screening with minimal, if any, noticeable disruption," he said. "It is estimated that about 50 percent of all airports in China will use facial recognition at all points of contact by 2021."

"China is a country which is home to mega-sized cities, and the government will adopt various means to restrict these big cities from expanding too much," he said, adding that such restrictions will make a city function at a lower efficiency, especially in resource distribution.