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"Car buyers should not have unrealistic expectations for price reductions, and they should make reasonable choices according to their needs and purchasing ability," Cui added.

"China has committed significant reform to its pharmaceutical regulatory review and approval process, protections of intellectual property and timely, predictable and transparent government reimbursement for innovative medicines, and I look forward to discussing ways the global biopharmaceutical industry can work collaboratively to help China realize these historic goals," he said.

"China is also developing fastly in technology and it has also big markets," said Shamir, who is also the managing partner of Catalyst Funds, one of the organizers of the two-day conference.

"By July, around 2.1 million patients have used that direct payment service with total transactions of 17.5 billion yuan (.5 billion) in medical expenses," Xia said.

"China has the most advanced high-speed railway technology while Thailand had no technology and no talents, as a result, we, assigned by the Office of the Vocational Education Commission of Thai ministry of education, reached out to the Chinese colleges and we got very positive responses from them," said Junyar.