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"Chinese companies looking to acquire beyond China's borders focus on achieving dual goals—winning at home and exporting abroad, which enables them to strength their domestic competitive stance while simultaneously positioning for global expansion especially in developing markets," said Phil Leung, partner of Bain & Company.

"Chinese developers have grown with an amazing speed. They have strong innovation capacity and their apps are also good in quality," Isabel Ge Mahe, managing director of Apple in China, told China Daily.

"Coal-bed gas and coke gas used to be lesser-used byproducts of the coal industry. Hydrogen development is an innovative inheritance of the traditional industry by improving the coal's utilization efficiency," Li noted.

"China's door of opening-up will not be closed and will only open even wider," Xi said at the opening ceremony of the annual Boao Forum for Asia in Hainan province in April.

"China's rapid rise reflects a strategic direction set from the top leadership to developing world-class capacity in innovation and to moving the structural basis of the economy to more knowledge-intensive industries that rely on innovation to maintain competitive advantage," said WIPO Director-General Francis Gurry.