He said to become a world-class enterprise that is globally competitive requires a company to take a dominant position in the allocation of international resources first.
He underlined the importance of reform in promoting technological innovation, and said institutional barriers should be removed to allow scientific researchers to be more active and creative in their work.
He told the webinar that no country has monopolized a key technology in the longer run. "This was not the case when the United Kingdom was the leading industrial power in the 18th century. Technology tends to diffuse, and that's what it does," Wang said.
He said that unlike traditional Chinese pieces that have definite shapes, his artworks are very abstract. Though he has not sold a piece in Jingdezhen, his porcelain is a hit in museums, hotels and galleries in Beijing, Shenzhen, Guangdong province, and Hong Kong, with the most expensive piece priced at 100,000 yuan (,800).
He suggested China deepen reforms to make better use of market forces and promote high-end capacities while removing outdated ones to optimize the structure of the domestic pharmaceutical industry.
He was also found to have used his power to trade for money and sex services. He used his position to gain benefits for other enterprises and individuals, then accepted their huge bribes either paid in cash or other properties.
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He said the sector expects the SAR government to offer short-term relief measures to lift them out of the hardship. In the long term, he hopes to see publicity campaigns being launched overseas about the latest situation in Hong Kong to offset the negative image the ongoing protests have brought to the city.
He still believes that the collapse of the Berlin Wall didn't terminate socialism in the world, as he has witnessed socialism with Chinese characteristics leading China to become the second-largest economy in the world.
He uses the account to document what happened each day from July 7, 1937, when Japanese troops attacked Lugou Bridge, also known as the Marco Polo Bridge, on the outskirts of Beijing, triggering the start of Japan's full-scale invasion.
He said the political landscape might be completely different after the opposition camp takes majority control of the 18 district councils. He added that under the circumstances, there are growing worries that opposition councilors' political agenda will override livelihood issues.