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"China is trying to make the globalization process more life-oriented, human-oriented and development-oriented," he said.

"China is also developing fastly in technology and it has also big markets," said Shamir, who is also the managing partner of Catalyst Funds, one of the organizers of the two-day conference.

"Carmakers are accelerating the push for making a major foray into connected and intelligent cars. With advantages in areas like 5G technologies, in-vehicle computing platforms and cloud services, Huawei will be an enabler that helps carmakers to offer next-generation smart products."

"China has shown economic strength... in the last decades, its economy has also fueled our growth in ASEAN with tourism from China, manufacturing and infrastructure projects," he said.

"By then, the whole railway will become a boutique tourist route linking Zhangjiajie, Fenghuang and Guilin, all top scenic spots in China," he said.