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"Good evening, everyone. It's a great pleasure for me to join you here to enjoy this traditional Chinese cultural feast," Charlie Hoffs, a Stanford University freshman, said in fluent Chinese when speaking at a Confucius Institute Day celebration here this weekend.

"For example, profitable companies such as the Beijing-Shanghai High-Speed Railway Co Ltd can go public and become financing platforms for China Railway," he said.

"For example, when AI is applied to the field of radiodiagnosis, it only takes five seconds for a computer tomography (CT)," he added. "Before, it would take up to half an hour."

"Growth of mobile payment tools is faster than that of any other payment models. The trend indicates that mobile payments will become the mainstream payment model across China in the near future," said Zhou Yuedong, vice-president of the credit card division of ICBC, the country's largest lender.

"Good coconut cream will explode like a volcano, or a lover, when the heat from the oil is right," he grins as the air fills with the scents of fresh lemongrass, kaffir lime leaves, fresh turmeric and a flotilla of other spices bobbing in the bubbling broth.