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"For years, Fosun International has polished its brand as China's Hutchison Whampoa and Berkshire Hathaway. Now, we are looking to sharp-en our edges as a technology giant and stalwart innovator," Chen said.

"Global collaboration on research is critical if we are going to solve the world's greatest challenges," a spokesperson for the University of Sydney said while commenting on a report by the Australia-China Relations Institute.

"Happy Hour 2.0" is from 8:30 to 11:30 pm, during which time the bar street, display of artworks and lighting installations will envelop pedestrians into an immersive and interactive atmosphere.

"For most of the past decades, the family planning policy was more restrictive and the related social and economic policies were designed to encourage fewer births," he said. "With the relaxation of the family planning policy in recent years, these policies need adjustment."

"Given the recent opening-up pace, we can foresee that these businesses will seek much room for growth among the Chinese brokerage firms. Leading securities firms will take predominant advantages thanks to their higher taking, stronger risk control abilities and a larger customer base of institutional investors," he said.