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"Greenhouse gas concentrations in the atmosphere are at the highest levels in 3-5 million years - and that occurred at a time when Earth's temperature was as much as 3 degrees warmer and sea levels as much as 10-20 meters higher," he said.

"Following the financial crisis in 2008, the shipping market entered a long period of downturn and as a result, many loss-making firms went bankrupt," said Yao.

"Financing difficulties of high-tech industries discouraged many Chinese companies from (investing in) the industries. The STAR Market, however, has the potential to correct this resource misallocation and therefore notably enhance productivity," Xue said.

"From the property regulation point of view, the interest raise is also part of action to curb speculation," he said. "But it does not mean the banks don't welcome the demand from house buyers. The housing loan business will see some movement in the next half year, so the buyers with rigid demand don't need to panic over the interest rate rise. "

"For any multinational company, China is a huge market, we should be more proactive in thinking, investing and exploring cooperation opportunities."