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"Chinese companies used to focus on generics, but now they have been building up R&D capabilities and many invest generously in innovative drugs."

"Customers are buying insurance they need the most, not the cheapest or most expensive financial product," she said. "The trend to cultivate highly qualified salesmen will further stimulate demand and lead the market in a healthy direction."

"Cooperation is necessary in this aspect. You know smart cars are difficult for one carmaker to develop no matter how big, and carmakers will feel a little worried if they rely too much on platforms of tech giants like Google or Baidu."

"Citibank's global network will allow us to come up with comprehensive solutions that can help the Shanghai FTZ companies to connect the domestic and overseas markets. In this sense, we are also making our contribution to advance the exchange between onshore and offshore markets, as well as the internationalization of the renminbi," she said.

"China will take further steps to boost the country's international airfreight capacity in an effort to stabilize global supply chains," Sun said at a news conference on Thursday.