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"Compared to long-term growth of the overall market and certain sectors, active investing quite often records lower growth and yields.

"Currently there are around 185,000 Chinese students studying in Australia and we welcome over 1.4 million Chinese visitors to our shores every year," he said. "China is also an attractive destination for many Australians, with more than 400,000 visiting in the last year."

"Currently, we have over 200,000 enabled merchants throughout the US right now that can accept Alipay. By partnering with these US merchants, Alipay also helps them to grow because they can tap a group they normally cannot reach."

"Cultural businesses may not be the most profitable, but China Poly Group will stay the course as the conglomerate expands overseas," said Xu.

"China's economy is very positive in general. The dividends from reform are huge and yet to be fully realized," he said during the sideline of the 2017 Annual Meeting of New Champions, also known as Summer Davos, in Dalian.