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"China will be widening the business spectrum for foreign financial institutions and also expand the cooperation areas of Chinese and foreign financial markets," Xi said, addressing more than 2,000 politicians, business and media leaders and scholars at the four-day event, which started Sunday in South China's Hainan province.

"China resolutely opposes the practice of using human rights as an excuse to interfere in China's internal affairs, and undermine the country's sovereignty and territorial integrity."

"China's fight against desertification is stepping into a new period with the hardest-hit region to be recovered. And our target this year will focus on the border regions and major sources of sand storms," said Sun Guoji, director of the administration's anti-desertification department.

"Chinese New Year is cause for celebration at The Balmoral and we are all looking forward to welcoming the Year of The Pig," said Richard Cooke, general manager at The Balmoral. "Bao (steamed stuffed bun) will be served at breakfast along with Balmoral Long Life Noodles. Angpao (red envelope) and mandarins will be in all rooms as we wish everyone long life, happiness and prosperity."

"Chinese companies don't have a long heritage of going abroad. But British companies, for instance, have been doing this since at least the 1600s with the East India Company. Companies like BP and Shell are globally-minded organizations, while Chinese companies are more Chinese-centered," he says.