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"China didn't become the world's factory overnight. It was 30 or 40 years in the making, and there are reasons why multinationals have put their supply chains in China. It is not because they necessarily love China－they are there for sound commercial and economic rationalities. None of these have changed."

"China has become the world's largest market for food trade. Supported by the Belt and Road Initiative, food trade between China and its partners is expected to grow rapidly. It is critical for the group to build efficient global supply and logistics networks," said Ding Lixin, a researcher at the Chinese Academy of Agricultural Sciences in Beijing.

"But what we should understand is that steel for the automotive manufacturing sector is constantly changing, and the materials used in the car today are not comparable to the steel of a decade ago."

"China is becoming, or already is, one of the global forces in the global economy. We are always trying to refine how we relate to outside investors, especially large investors. So I think China, Japan and India are three major targets that we're trying to talk with all the time," Hickenlooper said.

"But they have to elevate their product quality to meet future challenges. There won't be a clear distinction between customers' expectations for Chinese and foreign volume brands."