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"But with so many aspects of American economic ingenuity, high-tech startups have now truly gone global. The past decade or so has seen the dramatic growth of startup ecosystems around the world, from Shanghai and Beijing, to Mumbai and Bangalore, to London, Berlin, Stockholm, Toronto and Tel Aviv."

"By the end of the year, we are likely to open tenders for the aero engine, and Rolls-Royce and General Electric are expected to join the bid. We are also trying to develop engines ourselves together with Russia."

"China is a big market, so Chinese companies understand how to deal with complex large markets ... That's something that we both have in common," he said.

"But speaking loudly or making noise on public transportation seems a universal phenomenon that people take for granted in China," he said.

"China Daily Hong Kong Edition was founded to cater to the city's huge community of English-speaking readers — to bring them news, views and in-depth research-based features from across China and beyond.