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"Chinese officials have to be talented because they have to go through a rigorous examination system, but the salaries offered in the private sector, particularly in areas such as finance, might be double or triple (those in government). So one area to look at in China is to fast-track top talent and give people higher salaries."

"Currently, private businesses create 80 percent of China's jobs, but only share 20 percent of the social resources. The president's speech shows that the private sector is an important part of China's economy and the country will continue to support the development of companies in the private sector," Dai said.

"China should select central SOE leaders on the basis of both integrity and ability, with priority given to integrity, be both strict with and caring for them, and place equal emphasis on providing incentives and imposing constraints," according to a statement released after the meeting.

"Compared to our male counterparts, female comedians face greater challenges," Yang says. "We have to handle some topics, which are considered-in the traditional point of view-indecent for a woman to speak of, in a smart way."

"Chinese consumers have been really receptive to the product and its proposition. The reuse rate is extremely high. We see a robust market there owing to Chinese mothers' preference for safer and more premium baby formulas, the consumption upgrade and the universal second-child policy, that have helped to adopt and grow this new category and lead a new trend," he said.