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He said online retail sales in China, which now has 750 million internet users, are growing by 30 percent a year, with the "sharing economy "volume having reached 3.5 trillion yuan (7 billion) and mobile payment transactions having exceeded 158 trillion yuan.

He said he had noticed a significant improvement in the quality of Chinese academic studies and the output of China's universities over the past three years, laying a solid foundation for good R&D work.

He said some international voices have misunderstood the concept of China's "one country, two systems" and have criticized China for eroding Hong Kong's autonomy whenever the central authorities exercise their powers according to law.

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He said all these factors will enable the Shanghai FTZ to better serve and integrate major national strategies and contribute to the overall strategic arrangement of the country's opening-up.

He said teachers and students must wear face masks, have their body temperature checked, regularly wash hands with soap or alcohol- and gel- based sanitizers, and keep social distancing of 1.5 meters in classrooms.

He said that professionals from around the world will show great interest in moving to the Bay Area. “The Western world will not recover from recession anytime soon and we can imagine a great inflow of foreigners (to) the region as the Greater Bay Area might become one of the best places in the world in terms of opportunities and living standards.”

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He said he talked with some swimwear businesspeople who focus on the domestic market and said business dropped by between one-third to a half since the coronavirus outbreak. "The domestic market will be more competitive as the supply exceeds the demand. Some people, especially those in rural areas, will never wear swimsuits. It's just a cultural difference," he added.

He pointed out that the fiber optic cable market is highly integrated internationally, with supply chains so complex that it is hard to say that a company is purely Chinese or purely foreign.

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He said banning companies such as Huawei will mean that Australians end up paying more money to build their networks with inferior technology.

He said he hoped that the KCCC could be an official platform for Kenyan companies to deal with Chinese companies, and that the organization would play a constructive role in solving disputes between companies of both countries.