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"China is where astronomy developed the earliest, but many people cannot even find the North Star," Liu said.

"By the end of this year, the number of BMW Group electrified vehicles on the roads around the world will total more than half a million," said Pieter Nota, member of the board of management of BMW responsible for sales and brand BMW.

"China has enough policy reserves of conventional measures and does not need to follow some advanced economies to enact nonconventional measures, such as zero interest rate or even negative interest rate," said Dong Jinyue, China economist of Banco Bilbao Vizcaya Argentaria, a Spanish bank.

"China is the leader in delivering products, services and applications that drive the internet of things. Cypress is leading in delivering intelligent, secure and connected solutions. Together, we can imagine and build the future we all want to see," he said.He made the remarks on Wednesday at a ceremony held in Beijing to celebrate the company's 20th anniversary in the Chinese market."Seeing China's rapid development during the past 20 years, we are now actively embracing IoT, smart connected vehicles and other emerging technologies,"El-Khoury said.With its new Made for China & Enable China strategy, the company will further increase spending on hiring talent and research and development, with the aim of meeting local clients' demand for localized, high-quality services.With more than 300 local employees, the Nasdaq-listed company has established branches in Beijing, Shanghai, Shenzhen in Guangdong province, Chengdu in Sichuan province and Hong Kong. The company has partnered with dozens of local companies, including Alibaba, Huawei and Xiaomi.

"China lacks forest and timber resources, but is rich in bamboo. Expanding the use of bamboo is important to promote the paper-making industry," said Wu Hejun, chairman of Sichuan Yong Feng Paper Industrial Co.