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"China is a large economy with very strong internal consumption power, and we need to focus our expansion in must-win cities with the right store formats and the right assortment."

"China has helped Asian and African nations develop their trade, so these economies registered robust growth," he said.

"China and ASEAN have great trade potentials other than areas of tropical fruits and seafood, now that the initiative broke regional barriers by renovating infrastructure and facilitating communications," said Lin Guijun, trade expert and professor at the Beijing-based University of International Business and Economics. "The energy sector, for instance, has seen increasing trade and cooperation."

"China is already the largest market for electrified vehicles, and the gap between China and Europe and especially the United States will increase in the next years," said Continental Chairman and CEO Elmar Degenhart.

"By early 2021, countries representing more than 65 percent of global carbon dioxide emissions and more than 70 percent of the world economy are very likely to have made ambitious commitments to carbon neutrality," he said.