Mitch Barns, CEO of Nielsen, hosts the forum "Moving towards Consumption-Driven Growth: Transformation, Innovation & Upgrading" during the Boao Forum for Asia (BFA) Annual Conference 2014 in Boao, south China's Hainan Province, April 9, 2014. (Xinhua/Chen Yehua) 

Michael Treschow, chairman of Unilever, speaks at the forum "Moving towards Consumption-Driven Growth: Transformation, Innovation & Upgrading" during the Boao Forum for Asia (BFA) Annual Conference 2014 in Boao, south China's Hainan Province, April 9, 2014. (Xinhua/Chen Yehua)

Panelists attend the forum "Moving towards Consumption-Driven Growth: Transformation, Innovation & Upgrading" during the Boao Forum for Asia (BFA) Annual Conference 2014 in Boao, south China's Hainan Province, April 9, 2014. (Xinhua/Chen Yehua) 

Richard Zhang (C), partner and head of Greater China, Apax, speaks at the forum "Moving towards Consumption-Driven Growth: Transformation, Innovation & Upgrading" during the Boao Forum for Asia (BFA) Annual Conference 2014 in Boao, south China's Hainan Province, April 9, 2014. (Xinhua/Chen Yehua) 

Joachim Rosenberg, executive vice president of Volvo Group, attends the forum "Reshaping the Auto Industry" during the Boao Forum for Asia (BFA) Annual Conference 2014 in Boao, south China's Hainan Province, April 9, 2014. (Xinhua/Guo Cheng) 

Long Yongtu, former secretary general of the Boao Forum for Asia (BFA), speaks at the forum "Reshaping the Auto Industry" during the BFA Annual Conference 2014 in Boao, south China's Hainan Province, April 9, 2014. (Xinhua/Guo Cheng) 

Dong Changzheng, executive vice president of Toyota China, attends the forum "Reshaping the Auto Industry" during the Boao Forum for Asia (BFA) Annual Conference 2014 in Boao, south China's Hainan Province, April 9, 2014. (Xinhua/Guo Cheng) 

Zhang Suixin, executive vice president of Volkswagen Group China, speaks at the forum "Reshaping the Auto Industry" during the Boao Forum for Asia (BFA) Annual Conference 2014 in Boao, south China's Hainan Province, April 9, 2014. (Xinhua/Guo Cheng) 

Panelists attend the forum "Reshaping the Auto Industry" during the Boao Forum for Asia (BFA) Annual Conference 2014 in Boao, south China's Hainan Province, April 9, 2014. (Xinhua/Guo Cheng)