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"For foreign investors, access to China's financial sector means massive potential growth. China has the world's second-largest equity market, worth .4 trillion, and the third-largest bond market, worth trillion. China represents one of the largest opportunities for many of our clients," Leung said.

"For the most part, everyone I've been talking to has a plan. But to quote Mike Tyson, 'Everybody has a plan until they get punched in the face,'" said Scott Schneider, a lawyer in Austin, Texas, and consultant on higher education.

"Greater efforts should be made in streamlining administration, enhancing compliance oversight and delivering better services to foster an internationally competitive business environment that provides equal treatment to domestic and foreign enterprises and stimulates the vitality of market entities and social creativity," he said.

"Given that many young people have so many other beverage options, hopefully, Tea Day will enable them to learn more about Chinese tea and finally fall in love with it," he says.

"For its orderly and healthy development, industry participants should join hands to set some rules and framework and comply with them," Xiao added.