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"For smaller loan applicants, the major difficulty is the information asymmetry," he said. "How to reduce default risks of unsecured loans by monitoring the cash flows of companies is also a challenge, because small and micro enterprises are asset-light and short of pledges."

"For modern catering enterprises, it is fairly important to establish a comprehensive and highly efficient food supply chain. Simple and comfortable restaurants have high requirements of standardization and they cater to the demands of most consumers," said Neil Wang, president of consultancy Frost &Sullivan in China.

"Hainan, which has developed advanced technologies for growing southern herbal medicine, will also conduct more cooperation on growing, research and development of southern Chinese medicine with southeastern Asian countries under the Belt and Road Initiative and help build international teams to ensure sustainable utilization of southern medicine overseas," he said.

"For Microsoft, we have an office in Beijing; Google has a lab in Beijing. Some of the best AI work in the world is being done across the street from Tsinghua University. Now, what kind of AI is that? That's global AI," he told an audience of hundreds of people, including academics, industry leaders as well as the general public.

"For organic farming to become truly sustainable, revitalizing the soil is key," concluded the nicknamed "research peasant."