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"Having so many shows premiering in the city means that we are the trendsetters and it shows how determined we are to develop Shanghai's cultural scene," said Huang Changyong, head of the Shanghai Theatre Academy, the co-host of the festival.

"Green financing in China will clearly be an important target for the AIIB," Zeng said. "It is reasonable that the AIIB is the provider of long-term financing with relatively low cost for such infrastructure projects, especially when Chinese commercial banks are facing greater liquidity pressure."

"Focusing on the customer is one of the key things. For me, it's a longer term strategy and it takes time to implement, but ultimately I think it's about creating a business that has a real focus on the customer－that's always been my philosophy."

"Fresh food is the key. If you could provide breakfast, lunch, afternoon tea and night snacks constantly, it would help drive more frequent visits and ensure stickiness of consumers," he said in an address to Hupan College, a school that Alibaba Group founder Jack Ma and other entrepreneurs opened for startups in Hangzhou.

"FountainVest is known for its strategic, long-term investment vision and excellent investment track record throughout the entertainment industry," said Zheng.