Microsoft co-founder and TerraPower Chairman Bill Gates (L) and Jack Ma, co-founder and executive chairman of Alibaba Group, attend the parallel session on trade and innovation of Hongqiao International Economic and Trade Forum in Shanghai, Nov 5, 2018. [Photo by Feng Yongbin/chinadaily.com.cn]

Microsoft co-founder and TerraPower Chairman Bill Gates (L) and Jack Ma, co-founder and executive chairman of Alibaba Group, attend the parallel session on trade and innovation of Hongqiao International Economic and Trade Forum in Shanghai, Nov 5, 2018. [Photo by Feng Yongbin/chinadaily.com.cn]

Lin Yifu, dean of Institute of New Structural Economics at Peking University, attends the parallel session on trade and innovation of Hongqiao International Economic and Trade Forum in Shanghai, Nov 5, 2018. [Photo by Feng Yongbin/chinadaily.com.cn]