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"China has made great progress, but if you reflect back, the Global Findex showed that we went from the low 60s to about 69 percent of people in the world covered in terms of financial access," Kim said, referring to the finding that globally 69 percent of adults, or 3.8 billion people, have an account at a bank or mobile money provider, up from 62 percent in 2014.

"China is now Honeywell's largest market outside the US. It is our hope to carry out more profound cooperation with Pudong-based Chinese domestic companies, such as Commercial Aircraft Corporation of China. The solid groundwork that we have laid in Pudong will continue to drive our development in China, playing a crucial role in our integration into the country's digital economy," he said.

"COSCO Shipping Lines will become the world's third-largest container shipping operator after Denmark's Maersk Line and Switzerland's Mediterranean Shipping Co SA," said Zhao Ying, a researcher at the institute of industrial economics of the Chinese Academy of Social Sciences in Beijing.

"By helping them, I am helping myself. People come to wander around the market, and they may also come to my restaurant to eat," Li said.

"But they understand now," he said, speaking in Chinese, as did all the students who were interviewed.