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"Consistent reform and innovation has helped XCMG to grow from a company with less than million in overseas revenue to an industrial export leader with more than .3 billion yuan in overseas revenue a year," said Wang.

"Companies will either use the money they save to pay dividends or reinvest in their business, some of which will be in research and development, which can only be positive for the economy."

"Co-working is an emerging industry with much space to explore and innovate in, and the market is far from saturation," he said.

"China's uniquely advantageous position on the global economic stage is incomparable. The country offers an enormous wealth of hard-earned experience as well as technology that can be shared and transferred among developing countries," said Rachel Duan, president and CEO of GE China.

"Countries around the world face a critical test, which is whether we can reach consensus that international cooperation is the biggest driver of global growth and a key solution to preventing the economy from falling into a deep recession," Chen said on Friday at the sixth Global Think Tank Summit, held by the China Center for International Economic Exchanges.