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"China's contribution to world economic growth has exceeded 30 percent over the past five years," Chen said. "Without China, there would have been no recovery of the world economy and there would have been no recovery in the US after the global economy was hit by the financial crisis of the century that started in the US in 2008."

"Consumers ask for high-quality, better experiences and more targeted services, which brings opportunity for talent with multiple and professional skills," he said.

"Currently, investors are interested in the chip industry, but it is important to ensure the right investment direction. It is important not to put all the money into semiconductor design. China is lagging behind advanced countries in chip material, equipment and manufacturing, all of which need heavy resource inputs," Ding said.

"Compared with the requirements for China's economic and financial development in the new era, there is still huge room for the opening-up of our financial sector to domestic and foreign investment," Yi, governor of the People's Bank of China, said on Tuesday at the 2018 Annual Conference of Financial Street Forum in Beijing. "China will take advantage of the further opening of its financial sector as a crucial way to improve the quality of financial services."

"Consumer habits have rapidly changed and internet-based industries and companies have expanded in recent years", he said, adding Epson sees a huge potential for growth in third- and fourth-tier cities of China.