Zhou Hang, CEO of Yongche Inc, speaks at the session "The Sharing Economy: What's Mine is Yours" during the Boao Forum for Asia (BFA) Annual Conference 2016 in Boao, south China's Hainan Province. (Xinhua/Yang Guanyu) 

Smile Tang, chairman and CEO of Home-Cooking, speaks at the session "The Sharing Economy: What's Mine is Yours" during the Boao Forum for Asia (BFA) Annual Conference 2016 in Boao, south China's Hainan Province. (Xinhua/Yang Guanyu)

Li Jianhua, COO of Didi Taxi, speaks at the session "The Sharing Economy: What's Mine is Yours" during the Boao Forum for Asia (BFA) Annual Conference 2016 in Boao, south China's Hainan Province. (Xinhua/Yang Guanyu)

Zhang Bingjun, co-founder and CEO of iCarsclub, speaks at the session "The Sharing Economy: What's Mine is Yours" during the Boao Forum for Asia (BFA) Annual Conference 2016 in Boao, south China's Hainan Province. (Xinhua/Yang Guanyu)

Varsha Rao, head of global operations of Airbnb, speaks at the session "The Sharing Economy: What's Mine is Yours" during the Boao Forum for Asia (BFA) Annual Conference 2016 in Boao, south China's Hainan Province. (Xinhua/Yang Guanyu)

Gina Smith, NYT bestseller and co-founder of aNewDomain.net, speaks at the session "The Sharing Economy: What's Mine is Yours" during the Boao Forum for Asia (BFA) Annual Conference 2016 in Boao, south China's Hainan Province. (Xinhua/Yang Guanyu)