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"Currently, when foreign investors enter Chinese market, they will find out that the hedging tools, financial derivatives and other financial products still need to further develop. The key task this year is to provide sufficient financial hedging instruments to let investors effectively manage risks," Yi said at the forum.

"Corporate strategy, investment decisions and internal control system issues caused these defaults," he said.

"Compared with traditional brick-and-mortar stores, online stores have a higher trading efficiency," Xu said.

"China's car ownership is lower than 170 per thousand population, far behind that of the developed countries. With continued improvement in the level of urbanization, as well as the increase in the disposable income and consumption level of rural residents, huge potential lies in the lower-tier cities," Yang said.

"Considering the White House's recent track record on event hosting, we never expected its 'packed season of holiday parties' to spread cheer," freelance writer Claire Lampen wrote in her article carried by The Cut, New York Magazine's fashion and lifestyle site, on Wednesday.