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"Changes do happen. More people in Hong Kong can now speak Mandarin. Exchange activities also have increased significantly, especially among young people," Tung said. "The region's major trade partners also turned from the United States and European countries to the mainland."

"China leads the world in the application of blockchain technology," said Huang Zhen, a professor with the Central University of Finance and Economics. "The technology is widely used not only in the financial sector but also in government services, which has become a key driving force for improving the business environment."

"China is now transitioning from the high-speed growth pattern to a stage of high quality development, paying more attention to creating jobs, increasing people's incomes and protecting the ecology and the environment, "Ning told media on Wednesday at a State Council Information Office news conference in Beijing.

"But one of my customers, a Singapore lawyer who worked in Beijing, believed this to be the case. He told me: 'Frankie, seeing how only Shanghai and Beijing are open to the outside world, and there are no Singaporean restaurants in Beijing, yours has to be the very first in China!' I just smiled."

"China is restructuring the whole industry, and reducing emissions and environmental pollutants while doing it. The importance of Song's presidency is to transfer the knowledge and experience that they have accrued in the Chinese market."