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"Chinese shoppers have become more rational, and they are not blindly following the crowd to imitate others. They want products with both commercial culture and consumer mentality," said Pan, adding localization of global brands must keep pace with the times to stay competitive in the fast-changing Chinese market.

"Chinese consumers have been really receptive to the product and its proposition. The reuse rate is extremely high. We see a robust market there owing to Chinese mothers' preference for safer and more premium baby formulas, the consumption upgrade and the universal second-child policy, that have helped to adopt and grow this new category and lead a new trend," he said.

"Colin taught us to value education and equity, honor, respect and philanthropy," said Arthur Dugoni, the former dean of the?dentistry school who appeared at the award ceremony. "Colin has made a difference to thousands of lives here and in China, and other places in the world."

"China's Internet Plus strategy is an approach while the digital economy is the result, both of which serve the goal of 'building the country into a Digital China' and an internet power," he said.

"China strongly urges the United States to abide by the one-China principle, the three joint communiques between the two countries, and UNGA Resolution 2578, and immediately stop backing the Taiwan region, politicizing and undermining international response to the pandemic," he added.