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"China sticks to transparent, equal and fair principles when purchasing 5G telecom equipment. We never preset market shares for domestic and foreign enterprises," Miao said.

"China's effective measures are very impressive, particularly, setting up a 1,000-bed hospital in just ten days does amaze the world," he said in an interview with Xinhua.

"Cooperation is necessary in this aspect. You know smart cars are difficult for one carmaker to develop no matter how big, and carmakers will feel a little worried if they rely too much on platforms of tech giants like Google or Baidu."

"China should stick to its policy of reform and opening-up to cope with the impact from changes in the global economy," said Zhang Yuyan, director of the CASS institute.

"Chinese investors are willing to respond to these challenges. A company like Shandong Gold has shown the vision to become the leading gold company in China and an emerging leader globally," Tory said. "They have developed partnerships with others by sharing the risks of operating the most complex and prospective mining in the world."