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"China's capital market is warmly embracing new economy enterprises like Ant, which encourages the use of science and innovation to optimize the distribution of social resources," said Pan Zijian, a partner on capital market research at KPMG China.

"Cross-border e-commerce brings innovation to China's online retail," said Feng Gengzhong, dean of The School of Management at Xi'an Jiaotong University at a panel discussion during The Third Silk Road International Exposition and the Investment and Trade Forum for Cooperation between East and West China.

"Chinese companies used to lag far behind multinational pharmaceutical companies in vaccine development and production, but have been gaining ground fast in the past few years," Shi said.

"Consumers are becoming wiser and they need strong reasons (product advantage) for the purchase," said Jin.

"Collaborating with Alipay opened my eyes to a new world. We are now learning lessons from Alipay to implement in ePassi services," Yin said.