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"Fighting counterfeits is capital intensive and a highly complicated process. Pinduoduo has learnt a lot from the likes of Alibaba and imposed stricter fines on unlawful merchants," Huang told a media briefing on Thursday.

"Going overseas is never easy and always brings challenges. Running a business in less familiar economies requires us to know better about the local culture, innovate our products and work with the locals," Lu said.

"Global institutional investors are currently underweighted in Chinese assets. As the importance of China's economy and the yuan increases, adding positions on these assets will become the norm for foreign funds," said Fang Xinghai, vice chairman of the China Securities Regulatory Commission.

"Good distribution relies on genuine transparency and the accuracy of reported ticket sales. That's an essential part of forging trust in the industry," Ara told media in a recent interview.

"For this purpose, current provisions that have constrained development of the market should be removed," Hong said.