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"China's fast-growing digital economy has sharpened the country's competitive edge in industry and created favorable conditions for foreign businesses to invest in more areas," he said, adding that 4G-and 5G-based digital infrastructure is a solid foundation that facilitates rapid growth of artificial intelligence, big data and diversified online services.

"Competing against the world's best automakers outside of China is the best way for GAC or other Chinese automakers to improve the quality and performance of the vehicles they make and gain better access to advanced technology from global suppliers," he said.

"Collecting and analyzing big data and exploring its potential value can help companies truly achieve smart manufacturing by increasing efficiency and flexibility, improving quality and reducing costs," he said.

"China, Japan, and South Korea as the three biggest economies in East Asia－play an important role in regional and global economic growth, prosperity and stability," Li said.

"Chinese companies want to make that money, so they will buy an Italian brand and sell its products in China. Although overseas acquisitions have slowed down, the sentiment is still there, as long as you invest at the right price and at the right time," Indaimo said.