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"Cross-border and cross-industry ecosystems have risen with the new technologies," she said. "Cooperation has thus become a must for the global financial industry."

"Collaborations like this are very critical, because together we'll be able to get there faster," said Hua. "I think American startups certainly should be going to China to exploit the opportunities to get funding or partnerships."

"Compared with waste compost, the technique reduces 77 kg of carbon dioxide per ton of wet waste. It also eliminates foul smells and environmental contamination," said Li.

"Chinese flights' on-time performance hit 80.35 percent during the first half this year," a year-on-year improvement of 0.83 percentage points, Sun Shaohua, deputy head of the Civil Aviation Administration of China's operations and monitoring center, told a news conference on Tuesday.

"China's manufacturing economy was impacted by the epidemic last month. Supply and demand sides both weakened," said Zhong Zhengsheng, chief economist at CEBM Group, a Caixin subsidiary.