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"China's refining industry has become a grand stage for State-owned, private and foreign enterprises to compete fairly and achieve win-win cooperation," Li said.

"China still has a lot of opportunities to develop itself. We have a very big and important business here. We double our business in China every five years or so, and we will continue to invest in the largest cities, while expanding in smaller cities."

"Customers can handle cross-border remittances easily through channels such as mobile banking, online banking and smart terminals."

"Consumers from those generations are increasingly conscious of the environmental and ethical impact of their purchases, such as whether workers are fairly paid and the work is done in safe and environmentally friendly conditions, things that large corporations often fall short on despite promising to adhere to strict ethical and environmental standards," said Tang of the Gem Appraisal Center of Peking University.

"China's goal for rare-earth development is to form a new pattern for industry with a reasonable development pace, orderly production quotas, efficient utilization, scientific and technological innovation and coordinated development with high-end manufacturing," said Zhang Rui, an analyst at Beijing Antaike Information Co.