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China is recognized as a mature provider and generator of data, Prashara said, noting that China's project managers could be more tech-savvy than their counterparts elsewhere. "For the PMI, the China market is growing significantly. There is an opportunity for us to choose China as an innovation center where we can research new ways of working."

China is the fastest growing market for US wines, nearly 90 percent of which are produced in California. The number of consumers of imported wine in China increased 2.5 times in the past five years, according to the California Wine Institute.

China is aiming to become a leading auto-maker within a decade by making breakthroughs in key technologies and markedly increasing the share of Chinese brands in the international auto market.

China has released a guideline on accelerating the construction of special railway lines, vowing to ensure 80 percent of the major coastal ports, large industrial and mining enterprises and new logistics parks will be accessible by the special lines by 2020.

China is pushing forward its airport construction in the civil aviation and general aviation sectors, which both could be used by business aircraft.