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"For China, it is an appropriate time to be a bullet train manufacturer in the world market," said Yu Weiping, CRRC's vice-president.

"For us, China's not simply a large-scale consumer market, but also an important source of innovation as well as a major element of the industrial value chain," said Jochen Goller, president & CEO of BMW Group Region China, during a special session of the China Development Forum which concluded Saturday in Beijing.

"Future technologies, including 5G, the internet of things and AI (artificial intelligence) will drive society into the era of the internet of everything," Li, vice-president of China Mobile, said.

"Global governance has emerged as a new dimension of China-EU cooperation. The two have a shared responsibility to safeguard the global free trade system," Wang said at a press conference on the sidelines of the country's annual legislative session.

"Given the complicated and grave external environment and the mounting downward pressure on the economy at home, the foundation for sustainable and healthy development of the economy still needs to be consolidated," Liu said.