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"China's corporate evolution, from being a home for low-cost manufacturing of parts and goods for multinationals such as Apple and Nike to being a producer of high-value products, is shaping mergers and acquisitions in the Belt and Road region," said Boehm.

"Currently, about 1,500 pilots who work for Chinese carriers are being trained abroad every year, and we are looking to fulfill the demand for pilot training in the country," he said.

"China's reform and opening-up will be further strengthened in the future and the country will explore higher-level and more liberal opening-up policies," he said.

"China's legal system governing foreign investment has been keeping pace with changes on the ground. In particular, we need to introduce the system of pre-establishment national treatment and negative list for foreign investment. Such new strategic goals naturally call for the commensurate improvement of the country's legal system," said Li.

"China's global role has evolved from a low-cost manufacturer in the late 1990s to the world's growth engine around 2010, and now an unarguably global innovation engine, especially in areas such as high-speed trains, electronics, large passenger jets and nuclear power technologies," he said.