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"For financial institutions, the most difficult thing is trying to figure out how to get better returns from their investment, how to change their culture, people and their mindset. The softer side is much more difficult for larger financial institutions. It had faced the challenge before and it will continue to be a challenge."

"General Secretary Xi asked about how we felt after being relocated, and I told him that I think the Party's policies are great. I was so excited at the moment that I did not talk much," he said.

"For a company exploring natural resources in a foreign country, relations with local governments, and especially local communities, are very important," he said.

"Global interdependence will only continue to grow and unless countries face it in a spirit of collaboration, not conflict, the world economy cannot prosper," he said.

"For a company to become internationally competitive, the question is not whether or not to expand its business overseas through M&As, but when to make the move," said Jiao.