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"China has just as much innovation as anywhere else in the world - we've seen some extraordinary businesses come out of there," said the Duke. "The three that are here today are outstanding."

"By combining Ant Financial' s AI technologies with the capabilities of asset management companies in investor education and fund management, together we are making customized wealth management services more accessible for ordinary users," said Eric Jing, CEO of Ant Financial.

"China is the world's second-largest toy market and the world's largest toy exporter. The global toy markets have been declining slowly for the past few years but China still sees stable growth," said Chih-yuan Wang, retail research director of Mintel China.

"But the insecurity is one of the reasons that our business has found its way. And besides the insecurity, there is a bad culture of street harassment that unfortunately our women face in cities."

"China is expected to achieve relatively fast GDP growth of 6.8 or 6.9 percent in the first half of this year," said Pan Jiancheng, deputy head of the China Economic Monitoring & Analysis Bureau of Statistics, which is affiliated to the National Bureau of Statistics.