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As a growing number of Chinese companies rush to invest overseas, the Chinese government raised concerns about the abnormal capital out-flow that could disrupt normal financial order.

As President Xi noted, the private sector should move toward a broader role in the Chinese economy. The real question is how that can be accomplished. Since the United States continues to engage in both protectionism and deglobalization, it is incumbent upon Chinese private firms to be nimble, competitive, diversified and better managed to meet the challenges.

As an active enabler of the BRI, OneConnect serves local companies across East Asia, Southeast Asia, the Middle East and Europe. It endeavors to support key areas related to the initiative, including facility connectivity, unimpeded trade, and financial integration, Tan said.

As Schiller noted, Apple has been working on the speaker for several years. The company clearly has expectations as it compared its impact to that of iTunes and later the iPod.

As a master's graduate from Peking University, rated as the country's top tertiary institution, Zhang said some people have taken a bleak view of his career, criticizing him for wasting his education to sell noodles.