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"For the next step, we will roll out policies as soon as possible to ensure the tax and fee cuts will be put into place, and make market entities - especially small and micro enterprises - really feel the benefits," he said.

"Going overseas always brings challenges, particularly from a cultural perspective. Running a business in less familiar economies requires us to know the local culture, work with the locals, gain a thorough understanding of the legal environment, regulations and laws," said Lu.

"Haier has transformed itself from a traditional home appliance maker to a solution provider of a smarter life and smarter household," said Zhou Yunjie, president of Haier. "We are also building an IoT smart manufacturing platform, and we've created many patterns in the process."

"For the procurement system in China, we are requesting the Chinese government to give Indian drug companies access. We are very hopeful that Indian generic drugs will have a bigger market in China, at a more affordable price," he added.

"For many years China has made unremitting efforts to and played an important and constructive role in pushing for the proper solution to the Korean Peninsula nuclear issue," Lu said. "China has always comprehensively and strictly implemented the resolutions of the UN Security Council on the DPRK, which is obvious to all."