He denied he was pressured to withdraw the post.
He is also concerned about the risk of the Office of Emerging Technology becoming politicized. There's a risk that political interests will capture the office and influence how it makes its decisions, regardless of the technology and the services that are being provided, he said.
He is also concerned that if he fails to show due respect, some teachers may treat his son badly, so he regularly resorts to cheap flattery.
He first went to Shenzhen 30 years ago and has since observed its transformation from a small rural town into a high-tech manufacturing hub bristling with technology-driven startups. Nair says the public health sector will be among the first to benefit from Shenzhen pairing up with Asia's financial hub.
He cited Wanhua Industrial Group, which in 2011 acquired a 96 percent stake in BorsodChem, Hungary's largest chemical material manufacturer. BorsodChem is also one of the biggest companies in Central and Eastern Europe.
He called the allegations "completely inconsistent with the fact".
北京拇外翻摆锯
He dismissed the report as "not true," calling it "a virtual act of Treason by a once great paper so desperate for a story, any story, even if bad for our Country."
He made the remarks during the 18th China Venture Capital and Private Equity Annual Forum, where leading investors said the investment and entrepreneurship sectors would see both opportunities and challenges.
He cited the lower average chocolate consumption in the country as compared to the levels in the United States and European countries.
He became the Davao City mayor in 1988, and was reelected six times after forging a reputation for being tough on crime.