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"By issuing new rules, the regulator has removed uncertainties faced by banks regarding the development of online lending and created conditions for banks to more actively engage in this type of business. The banks that used to have a wait-and-see attitude toward online lending or conservative attitudes toward innovation are likely to increase investment in this respect," Zeng said.

"Chimelong is already doing a wonderful job of bringing in millions of people each year, and we want to become part of that," she said. "I think that Hengqin will become one of the most-visited tourist destinations in China."

"China has been one of the most important markets for Itochu Corp. Shanghai is not only a gateway for multinational companies to tap into more parts of China, but a bridge connecting to the rest of the world. The setting up of the regional headquarters in the Shanghai FTZ will further consolidate our roots in the Asia-Pacific market, thus facilitating expansion," he said.

"China has done a lot of low-level work that supplied products to the US, and China learned how to develop an economy from the US," he said. "China needs the US; the US needs China."

"China has committed significant reform to its pharmaceutical regulatory review and approval process, protections of intellectual property and timely, predictable and transparent government reimbursement for innovative medicines, and I look forward to discussing ways the global biopharmaceutical industry can work collaboratively to help China realize these historic goals," he said.