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He also encouraged investors to be far-sighted as the automobile industry is asset-heavy. "You cannot focus too much on short-term gains. Tesla is 16 years old and has been losing money for 16 years in a row. But it is worth around billion in the stock market, higher than GM and Ford."

He Zhenwei, secretary-general of China Overseas Development Association (CODA), a national non-profit social organization, announced on Tuesday that the fair will be held in Beijing from Nov 21 to Nov 22.

He also said that the Chinese movie industry lacks an audience group made up of people of different ages. At present, the young people born in the 1980s and 1990s made up the majority of the audiences, with those born in the 1980s contributing 80 percent of the annual box office income. However, those born in the 1970s and earlier show less interest in movies.

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He added that good dietary habits and a healthy lifestyle can help to prevent the disease from developing.

He also urged greater bilateral cooperation in international affairs, jointly promoting the development of an open world economy and safeguarding multilateralism and the multilateral trading regime.

Having been invited on a reporting tour to review the progress of the Yangtze River Economic Belt, with Jiujiang being my second stop, the day proved to be an impressive one. Jiujiang, Jiangxi province, is a city that shows off the simultaneous development of many sectors, from infrastructure and tourism to environmental initiatives - comprehensive growth that few cities have been able to accomplish.

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He also demanded efforts to integrate the process of sound lawmaking, strict law enforcement, and impartial administration of justice with the cause of developing a socialist culture of rule of law.

He added a culture of agility is the key, with strategies centering around brand building, innovation, revenue growth management and execution.

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He also said, "That is impossible without Hong Kong being part of the China Miracle. That is the basis on which British and other international firms have invested there."

He also called for closer cultural exchanges and local cooperation.