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"Founder sponsored our first few contests within the university and two regional contests in Asia in 2004 and 2005, which has laid a solid ground for the university to be the host of this world-class contest," said Huang, who also is dean of the School of Electronic Engineering and Computer Science of Peking University

"Globalization, free trade and multilateralism have experienced some disruptions. Yet China's commitment to opening-up as the general direction remains unchanged, and steps for wider opening will be better delivered," Li said. "We have made arduous efforts to this end in the past 40 years, and going forward, we will be as steadfast in pursuing opening-up. What has happened shows that China's opening-up has benefited the world, and boosted its own development."

"Foreign investors — they're cancelling a lot of their trips. A lot of people are — I mean I have a meeting tomorrow with local investors who are thinking about moving their money out of Hong Kong. But I personally believe Hong Kong will become strong very quickly after these events end. Because we have great fundamentals. The fundamentals for me are, common law, independence of the judiciary, free flow of information, people and capital."

"Grandma thinks it's just like making a movie, and people around the country can see it on their phones, so she is excited and eager to make more," Huang said.

"For investors who have already bought such properties, their value wouldn't appreciate as expected. Such properties may have to be used by themselves. For developers of such properties, they need to find a way out of these projects to realize their commercial value."