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"Chinese manufacturing has been gaining more and more recognition from foreign countries. Not only do we have more advanced technology and better services, we are also more flexible," said Zheng.

"Consumption plays a fundamental role in China's economic development and is the primary driving force behind the economic growth," said Ning Jizhe, head of the National Bureau of Statistics, adding that the steady growth in the income of residents will boost consumption.

"Chinese auto exports are recovering after years of decline, with Egypt being one of the biggest export destinations among the Arab states since 2015," said Wang Xia, chairman of the Automotive Industry Committee of the China Council for the Promotion of International Trade, in his speech on Thursday at the conference held in the Ningxia Hui autonomous region.

"China's healthcare industry has ushered in an unprecedented period of significant growth and prosperity," said Paul Grabscheid, vice-president of strategic planning at InterSystems.

"China's beverage market is diversified with a wide range of products. Tea is a relatively large market in China, accounting for about 14 percent to 15 percent of the market share, while soda water was 13 percent. We will strive for a dominant position or a front ranking in soda water, tea, coffee, energy drinks and other categories in the future," So said.