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"Currently, COVID-19 is eroding human life and health. The world has fallen into a deep recession. Global governance is facing serious dilemmas with huge tides of unemployment, bankruptcies and supply chain disruptions as well as the ever growing deficits in governance, development and trust," Wang said.

"China's music industry is rising and growing, especially TV talent shows," said Zhang Man, producer of the Duets China (Zui Mei He Sheng) at one panel discussion. The meetings took place Dec 2-5.

"Compared with traditional venture capital, CVC has the advantages of a longer investment cycle and higher risk tolerance, and it can offer startups with more value-added service," he said.

"China system of governance is right for China, and our system of governance is right for us, we shouldn't expect China to embrace ours nor should China expect us to embrace theirs," Bush said.

"China's opening-up has entered a new stage, for which the Yangtze River Delta region should play a key role," he said.