"China will no longer be passively involved in globalization, but instead should be taking the lead in pushing for globalization. Be it the government or enterprises, an active involvement in globalization should be a must."
Guo Guangchang,
co-founder and chairman of Chinese conglomerate Fosun International, told a panel discussion on Monday at the 2014 APEC CEO Summit in Beijing.
"China's shadow banks won't have an impact on the country's financial system. The shadow banking sector is between no more than 9 trillion yuan and several dozen trillion yuan, only accounting for a small portion of China's overall banking industry assets which total nearly 160 trillion yuan."
Wang Hongzhang,
chairman of China Construction Bank Corp, said during a panel discussion at the APEC CEO Summit on Monday.
"China is our most important market. Infiniti moved its global headquarters to Hong Kong two years ago, making it the only global auto manufacturer with its headquarters in China. We have to forge an all-round localization strategy."
Daniel Kirchert,
managing director of Infiniti China, told a panel meeting at the APEC CEO Summit on Monday.