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As chairman, he oversees Blue Stone's business covering, among others, bond investments and sales, trust investment plans, commodity futures and hedge funds.

As an inheritor of the intangible cultural heritage, Tan never gave up his dream of restoring the cloth's past popularity. Born into a family of cloth makers, he started studying the technique to make xiabu, which means "summer cloth", at the age of 12 and was the fifth generation of his family to inherit the cultural heritage.

As a result, he said, the imbalance of the education level between urban and rural areas can be greatly closed.

As a leader in 5G wireless, core network and terminal technologies, ZTE Corp invested 12.96 billion yuan in research and development last year, accounting for 11.9 percent of revenue. It also formed a team of 4,500 for 5G wireless research and development with annual investment of 3 billion yuan, the report said.

As cloud computing is increasingly applied in China, Gibbs has seen the great growth momentum of the cloud business, a major profit source for the largest European software company.