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"China is a massive market full of opportunity and potential. We will look to align store types to key commercial areas and continue to focus on the top 30 cities in China. We will also go deeper into cities that we think will constitute a major growing force," said Frankie Taylor, general manager of Crocs China.

"But this time it took me about 15 minutes to fill in the information. Two minutes later, I received a confirmation text message and the license was ready for downloading and printing," Ou said.

"ChengWeiKongJian was set up to ride the wave of China's consumption upgrade and online sales. In the future, Hsu Fu Chi and JD will strengthen cooperation in fields such as supply chain, big data and intelligent digital marketing, to bring more vitality to the time-honored snacks brand," said Lam Yim, CEO of Hsu Fu Chi.

"But, over the next decade, the Chinese stock market will offer more investment opportunities than the housing market", as excessive money supply－the major driver of property prices in the past decade－will not continue.

"China is probably the only country able to host such an event," said Roger Kornberg, a biochemist from the United States who won the Nobel Prize in chemistry in 2006 and addressed the forum via video link. "The challenges of bringing together 137 laureates of various prizes as well as a very large number of other participants and young people is a logistical nightmare and really almost impossible to accomplish. And yet, the leaders of this effort in China have succeeded and done a brilliant job."