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Another objective of our presence is for China to discover Belgium. Belgium is at the heart of Europe, and therefore the best gateway to the European market, she added.

Apollo Future Mobility Group, a Hong Kong-based automobile company, will make its debut at this year's CIIE with a 650-square-meter exhibition area, while two commercial banks from Russia and Kyrgyzstan will be featured in the Trade in Services Exhibition Hall.

Another reason preventing a further easing of the monetary policy is the need to prevent systemic financial risks. But fiscal policies can play a major role in supporting economic growth in China, he said. "When unconventional monetary policies are becoming conventional, it will be difficult to come back," which in turn may lead to corporate debt surges or stimulate property bubbles.

Another positive factor is that a pan-Asia network of railways is taking shape that can connect China with other Asian neighbors.

Apart from TV makers, PC makers like Huawei and Lenovo also compete for customers by providing improved visual and sound experience.