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Chinese farmers and agri-businesses have been facing difficulties in borrowing money from banks partly due to the lack of high-quality collateral, and the government is encouraging pilots in rural credit guarantees to solve the problem.

Chinese brands are dominating the fast moving consumer goods industry.

Chinese companies paid the relocation cost and offered at least doubled salaries, he said. He also admitted that the benefits of living in the San Francisco Bay Area were its "nice weather" and "better education for children".

Chinese mobile learning platform Qujiyi has secured nearly 40 million yuan (.7 million) in its angel round of funding as it looks to scale up its platform and provide a better user experience.

Chinese consumers have developed a taste for foreign brands.