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He described the new Chinese investment as important as it is part and parcel of the government-driven industrialization agenda.

He called for advancing the alignment of the Belt and Road Initiative with the development strategy of the ROK, speeding up the second-phase negotiation of the bilateral free trade agreement, and deepening cooperation on innovation, research and development, to better complement each other's strengths and share cooperation outcomes.

He made the remark while explaining a report on Chinese internet development at a news conference on Tuesday.

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He has gone viral on the microblogging platform Sina Weibo. Many netizens find his story inspirational and say his story proves the idiom, "Knowledge is power."

He dismissed the report as "not true," calling it "a virtual act of Treason by a once great paper so desperate for a story, any story, even if bad for our Country."

He encouraged workers in the park to inherit the professionalism and craftsmanship from China's traditional culture, develop a high-end porcelain sector and improve the competitiveness of the country's porcelain sector.

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He hopes there will be more joint projects between Chinese and Welsh businesses in industries including life sciences, advanced manufacturing, food and drinks, and in the creative industry.

He held that it was important for investors to change mindset. "In the past it was profitable to invest in coal, for example. Now investors have to understand green is simply more profitable," he added.

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He has been a member of the CPVCC's Political Bureau since 1997. He served as chairman of the National Assembly from 2006 to 2011.

He described the China-Switzerland Free Trade Agreement as a good example of bilateral cooperation, adding that China looks forward to working with the Swiss to upgrade the trade deal.