Yang Yuanqing, chairman and CEO of Lenovo Group, and member of the 12th Chinese People's Political Consultative Conference National Committee

Yang Yuanqing is interviewed after a panel discussion, March 4, 2015. [Photo/IC]

In order to promote domestic consumption, the government should normalize rules on salary increases, tax reductions and paid leave to increase people's disposable income, Yang suggested.

China's dominant industries such as banking, telecommunications and high-technology can be introduced overseas as the government drives its "Belt and Road" strategies, he said.