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He made the remarks at the event "Belt and Road: Why the Chinese Model Is Winning in South and Southeast Asia" held by China Institute, the oldest bicultural, non-profit organization in the United States to focus exclusively on China.

He had been taking bribes and selling official posts for a long period of time, which severely damaged the local political environment. He also helped secure benefits for businesses run by his relatives and exchanged power for sex, the CCDI said.

He hoped that the move would encourage Chinese investors to enter the manufacturing sector and venture into value addition to target the big consumer market back home.

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He participated in the Occupy Wall Street demonstration in 2011. "If we had done anything like that, we would be in jail for a long time, and several of us would be shot or maybe killed," he said. "How would the US react if China threatened similar actions with respect to demonstrators, New York officials and federal officials?"

He cited the example of Servier, saying "the company is unique in that it is governed by a nonprofit foundation, not driven by the stock price, and thus aims to really bring therapeutic innovation that meets patient needs.

He noted that China is now playing a bigger role in the global governance system and promoting international relations and cooperation.

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He cited wind, solar and other projects. “There are a lot of initiatives here underway, and we’re not done, we’ll think of more, we’re very inventive,” he said.

He cited the example of the Belt and Road Initiative, which is going to create more business, a freer flow of economic factors and more opportunities for multilateral financial cooperation.

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He is seen as responsible due to poor leadership and has been suspended from his post and subjected to further investigations, it added.

He has been involved in six productions that integrated Chinese opera forms, including the Pulitzer-winning play Our Town written by Thornton Wilder. Shown at Beijing People's Art Theater with an international cast, it boldly combines Peking Opera with English monologues.