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"Capital market development has become more important than ever," Li said, adding that the registration-based new share sale reform lies in at the core of capital market reforms, as it will give full play to market forces in supporting innovation.

"By integrating online and offline and combining teachers from both China and abroad, we endeavor to help kids be immersed into a pure English-learning environment," he added.

"China and the Philippines are two friendly neighbors since ancient times, which should not be affected by a single issue over territory in the (South China Sea) … I believe both (countries') leaders have the wisdom to solve it in a peaceful way."

"China also needs to accumulate more technologies and practical solutions to produce batteries for electric vehicles in a cheaper way and handle old batteries in a sustainable way," he said.

"China is a rising power in the IT industry and has a huge potential market," he said. His company has signed three cooperation projects in Hainan.