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As HGI marks the 10th anniversary of its inception in Hong Kong this year, Sun has set his sights on the global stage, seeing a severe mismatch between China's growing economic prowess and the negligible presence of foreign investors in the country.

As Deloitte reported late last year, 92 percent of so-called blockchain-based projects have failed so far for want of clarity on where the technology should be applied.

Artificial intelligence will give a net boost to employment in China, free humans from some tedious tasks, and bring about significant changes in traditional sectors such as finance, healthcare, transportation and education, according to industry insiders and business leaders.

Approved by the State Council, China Brand Day has opened on May 10 each year starting 2017.

Around 160 speakers from over 100 international organizations, universities, research institutions and global think tanks from some 20 countries and regions are expected to attend.