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"Cross-border e-commerce greatly lowers the bar to enter global trade as the scale of doing business online doesn't need to be huge. Thereby, it is involving more participants, especially SMEs, in commerce worldwide," said Liao Xiaoqi, former vice-minister of commerce, prior to the Boao Forum for Asia, which officially kicks off on Thursday.

"China's higher education has made a great leap, but it is still lagging behind in some basic research areas. There are still some breakthroughs to be made and some demands from society to be met," he said. "So we need to nurture more outstanding creative talent."

"Compared to our competitors that also come from outside of China, we are the only one with fully-owned labs in China. This is in our opinion to the benefit of the PV-industry," said Therhaag.

"China will further open up some non-convertible items under the capital account, and those already convertible will see tradings more liberalized," said Pan Gongsheng, deputy head of the People's Bank of China, at a forum in Shanghai.

"China's medical imaging sector is growing at a rate of 30 percent annually, but the demand for superior medical treatment can not be met at present," said Ni Meng, founder and chief executive officer of Wingspan Technology Inc, a medical imaging company.