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"Financing support is indispensable for any country which is at the stage of economic takeoff, especially the initial stage of industrialization. Without financing, it would be difficult for African countries to achieve industrialization and modernization," Geng said.

"For deposits, Yu'ebao has appeared; for loans, there are numerous companies such as Ant Financial Service Group and JD.com; for payment, there are Alipay and WeChat Pay; for financing, crowd-funding has already drawn lots of attention; and furthermore, Fintech will overturn the insurance sector in a more 'ferocious' way," Zhu, also chair of the National Institute of Financial Research, Tsinghua University, told participants.

"For the younger generation, experiencing unique cultures and relaxing their minds and bodies are the main reasons for traveling, rather than connecting with others or sightseeing. So they won't stop travelling because they lack a companion," Xu said.

"For the past several decades, the livelihoods of rural people have improved greatly, but our cultural lives have not kept pace with other improvements," she said.

"Google has already got the monopolistic position, has invested billions in infrastructure, AI, technologies, software, engineering and talent. You can't simply unwind a decade of significant progress, or create new alternative powerhouses or tech ecosystems out of thin air."