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Business executives attributed an imbalanced mix of industries to irrational and illegal outbound investment activities that Chinese authorities have been working hard to curb.

Business leaders said China's growing demand for imported products and services will provide a historic opportunity for global companies to enter its massive market for the long run.

Both sides should uphold the notion of green development, and strengthen cooperation in such areas as climate change and sustainable development, he said.

Both the mainland and the city have recently expanded exchange programs, especially those for young people.

British companies are well positioned to benefit from China's prosperity and to support the country's growth, through participating in projects in countries involved in the Belt and Road Initiative, the China-Britain Business Council chairman-elect said.