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China is also playing a leading role in terms of "preventing the rejection of an open international economic order" through initiatives and projects such as the Asian Infrastructure Investment Bank and the Belt and Road Initiative, according to Goldstein. On global issues like climate change, "China can't do it alone, but I do think China, sticking with this path, makes it more likely that eventually even the US will come back to the consensus on climate change", the professor added.

China has vowed to eradicate absolute poverty by the end of 2020.

China is committed to promoting the internet's development with mutual trust and global governance, calling for international cooperation and communication in the digital economy, said Liu Liehong, deputy director of the Cyberspace Administration of China.

China is "very active and serious" about further opening up its financial sector, and this will bring huge business opportunities to foreign banks in the country, said Pei Yigen, executive vice-president of Citibank (China) Co Ltd.

China is among the best in the world's nuclear power industry, with distinct competitive advantages to export nuclear power projects, he said.