He recommended that the Hong Kong government take steps to ensure land supply for public housing, raise the minimum wage and create more well-paying jobs to improve social mobility for young people.
He recalled when he went to live in China in the early 1980s, there was no Chinese private sector and few Chinese students went abroad to study.
He returned to the United States and, in 2004, sold his house, and brought his wife and two sons back to China to embark on a two-year odyssey across the country.
He said that currently constraints on China's economic development were mainly structural problems, existing in both supply and demand, adding that the main problem was on the supply side.
He said farmers grow what the market provides economic incentives for.
He pointed out, however, the slow progress of reform in the State-owned enterprises sector, saying these enterprises have absorbed more of China's investment resources in the past two years.
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He said that Gabon will firmly stick to the one-China policy and support China's unity as well as its efforts to safeguard its legitimate rights and interests in the South China Sea.
He said it has undergone profound and complicated changes in the current global situation, and both China and Africa believed it was necessary to convene a coordination meeting in order to lead the high-quality and sustainable development of bilateral cooperation.
He said that "means it was in the wild to begin with. That's why I don't get what they're talking about [and] why I don't spend a lot of time going in on this circular argument".
He said Singapore is willing to step up high-level exchanges and deepen pragmatic cooperation in various areas with China, adding that the country is willing to play a positive role in promoting relations between China and the Association of Southeast Asian Nations.