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Chinese companies also stand to benefit from the enhanced IPR protections, notably when doing business overseas, said Sun Pishu, chairman of China's largest server-maker, Inspur Group.

Chinese are hardworking, smart and brave, and they value education, but we also have many disadvantages. First, companies in emerging industries need to make extra efforts to earn trust. Second, many foreign companies have a stereotype of Chinese companies, which usually assumes we sell cheap and low-quality products. Third, cultural differences, including language barriers, and local management and legal issues can become a difficulty when going out to overseas markets, especially in North American and European countries.

Chinese prosecutors brought 30,547 people to court last year to face charges of organizing, leading and participating in mafia-style gangs, almost three times as many as in 2018.

Chinese candidates can grasp the universal knowledge system of finance through the CFA Program, Zhai said, but further work is needed to combine the knowledge with the latest developments in China's financial markets.

Chinese carmakers used to turn up at major shows to raise their international profiles.