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"Currently, Chinese companies are gaining a firm foothold in the high-end medical ultrasonic diagnostic instrument market, and accepted widely by users. The dominance by foreign enterprises results in high prices for the devices. The rise of domestics brands has brought prices down."

"Cooperation is a foundation for such a community," Yan said. "And culture plays a key factor in influencing international communication and diplomacy." The forum is also to eliminate doubt and confusion about China and contribute Chinese wisdom to the construction of the global governance system, he added.

"Chinese now consume five times more milk tea than coffee. After the arrival of pearl milk tea to China, coffee has taken a backseat. Bubble tea consumption in particular, continues to rise at a high rate each year. Therefore, the potential is huge," he added.

"China's sharing economy market and the employment in the sector witnessed rapid growth despite rising macroeconomic downward pressure," said Yu Fengxia, deputy director of the Sharing Economy Research Center.

"China's level of investment attraction, the effectiveness of pandemic control, and organizing events like this (the CIIE)…all serve as a protection to investors," said Zhang.