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Yu made the remarks on Wednesday as the company unveiled six innovative new vehicles for the domestic market at the 17th Shanghai International Automobile Industry Exhibition, or Auto Shanghai.

Ying Wenlu, chairman of Nanjing-based Addor Capital, a private equity firm, said China's private equity market is not short of money, but only reputable firms are able to attract it.

Yuan, who developed the world's first hybrid rice in 1974, has set multiple world records in hybrid rice yield in previous years. In 2017, he achieved a yield of 1,149.02 kilograms of rice per mu with the same variety in the same test fields.

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You mentioned Sri Lanka. I have followed the situation in Sri Lanka closely. According to the 2017 annual report issued by its central bank, Sri Lanka's total foreign debt is over US billion. China only accounts for about 10%. Plus, over 60% of Chinese loans are concessional loans, with an interest rate much lower than the international level.

Yet Chinese companies mostly follow existing innovation rather than creating breakthrough innovation, because they need to pursue clinical development programs that have higher likelihoods of success to reach commercialization and survive, Zhou added.

Yuan said the platform is currently dedicated to helping consumers access VR content on smartphones, TVs and VR goggles, so more people will learn about the format and enjoy its beauty.

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Yuan noted that in 2017, Moutai Group exported 17.5 tons of Moutai liquor to the UK, generating nearly 2.5 million pounds (.4 million) in revenue.

Yet there is at least one thing these two generations can agree on－that China is a gigantic market that offers a range of opportunities for any business.

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Yu said if all Chinese women are looking for men that earn a lot of money regardless of integrity, all men in China will try gain a fortune instead of having a clear conscience, which he said is indeed the current standard for Chinese women.

Yet, current regulatory uncertainties could mean heavier downside risks to US-listed Chinese firms and fewer Chinese IPOs in the US in the years ahead, experts noted.