Government representatives from the Ministry of Commerce, the State Council, the Ministry of Foreign Affairs and various Chambers of Commerce were all bullish on the opportunities for Chinese enterprises to go out and succeed.

FORBES: China Gets Serious About ODI

While the majority of his fortune comes from Xiaomi, he also owns minority stakes in a number of Chinese online enterprises, including Hong Kong-listed anti-virus firm Kingsoft, private e-commerce companies Vancl and Lakala, mobile browser provider UC Web, and YY, which hit the Nasdaq exchange last Wednesday.

FORBES: Chinese Billionaire Lei Jun Sees Hundred-fold Return After YY IPO