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Anyone who attempts to go against the rolling trend of the times will be unpopular and can not go far, Wang said.

Apart from introducing more foreign financial institutions with special features and a high level of professionalism to conduct business in China, the CBIRC will also encourage foreign and domestic institutions to deepen their cooperation in products, business, management and talent cultivation, and improve financial regulatory and governance capacity while the country further opens up its financial sector.

Another Chinese smartphone maker Oppo said the market demand is not as pessimistic as many had expected.

Antengene Corp partnered with US clinical-stage pharmaceutical company Karyopharm Therapeutics Inc earlier this year, and obtained exclusive rights for the development of four clinical-stage drug candidates of Karyopharm in Asia.

Antibiotic-resistant bacteria currently account for 700,000 deaths each year, and by 2050, that figure is expected to rise to 10 million. But Paquin insists the exhibition is not as bleak as those statistics look —quite the opposite.