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Calling for the firm pursuit of high-quality development, Wang urged them to focus on their respective sectors and industries, promote quality workmanship and work to transform "made-in-China" into "created-in-China," Chinese speed into Chinese quality, and Chinese products into Chinese brands.

CSRC will also persist in the direction of marketization, legalization and internationalization and continue to promote deepening reform and opening up of the capital market in an all-round way, Liu added.

Canadian biotechnology venture, FREDsense Technologies, won the global final, receiving a custom Startup Booster Pack consisting of exclusive mentorships from leading investors and industry experts as well as consulting services, including China intellectual property protection guidance, financial advice, legal representation and human resources assistance.

Cai is not easily satisfied with the status quo. After years of development, he has expanded his business into additional areas, hoping to provide more jobs for the disabled. "What you have achieved might be glorious, but it's in the past. We have to stay focused on a better future," he said.

Cai said it is crucial to tap domestic market potential. Advisable ways to do that include increasing people's incomes, improving income distribution and enhancing basic public services, he said.