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"China is working to develop the multilateral trade system. At the time, when some countries close their markets or turn to bilateral trade relations, China has introduced its famous One Belt One Road Initiative, which is advancing global free trade," Osypenko said.

"China is a massive market full of opportunity and potential. We will look to align store types to key commercial areas and continue to focus on the top 30 cities in China. We will also go deeper into cities that we think will constitute a major growing force," said Frankie Taylor, general manager of Crocs China.

"China is speeding up the transformation from industrialization to informatization. Intangible assets such as patents, trademarks, copyrights, business secrets and software are playing an increasingly important role, so intellectually property protection has become more significant," he said.

"Carmakers are encouraged to make the most of international technologies, capital and human resources to raise the level of China's new energy vehicle sector," said the National Development and Reform Commission. The comments were made in a document released last month in conjunction with the Ministry of Industry and Information Technology.

"But the country has a weak voice in industrial software, which requires long-term effort for fundamental and comprehensive research as well as hefty capital investment. We should have the determination to develop such software over years or decades," Chen said.