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"Compulsory technology transfers are explicitly banned, while we encourage the exchanges of knowledge and technology," he said, ruling out that China forces foreign companies to transfer their technology when considering investments in China.

"Chinese consumers have shown huge enthusiasm for 5G smartphones, which has outpaced our expectations," he said. "To tap into this demand, Xiaomi plans to launch over 10 types of 5G smartphones next year."

"Chinese shoppers have long used their phones to buy almost everything they need, and many retailers are struggling to stay afloat during the pandemic. There's clearly demand from both sides, and we just need to create a bit of catalyst. That's where Key Opinion Leaders, or KOLs, come in," Cao said.

"China's 18 railway bureaus could be consolidated into three railway corporations in the northern, central and southern regions," said Zhao. "The three corporations could be in charge of their own region and could have independence in asset management. They must compete with each other to stimulate new growth points."

"Currently, the market penetration rate of China's commercial pension products is below 10 percent," said Chen. "In order to fully meet the challenges posed by the aging population, the need to develop an individual pension system is urgent."