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"Clearly it's a question of market size, growth rates and ease of doing business here," Ker Gibbs, president of the AmCham Shanghai, told China Daily.

"Cloud platform" refers to a new type of automated manufacturing that combines advanced machines with internet-connected sensors and big data analytics.

"Consumer's short-term expectations improved, and when coupled with solid employment growth, should be enough to continue to support spending and economic growth in the near term."

"Companies' willingness to issue debentures is stronger now as liquidity is fairly ample, which has driven financing costs down," said Su Li, chief bond analyst with Beijing-based Golden Credit Rating International.

"China started relatively late in developing the robot industry," said Yu. "But I believe innovation can power our way forward."