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"China is the leader in delivering products, services and applications that drive the internet of things. Cypress is leading in delivering intelligent, secure and connected solutions. Together, we can imagine and build the future we all want to see," he said.He made the remarks on Wednesday at a ceremony held in Beijing to celebrate the company's 20th anniversary in the Chinese market."Seeing China's rapid development during the past 20 years, we are now actively embracing IoT, smart connected vehicles and other emerging technologies,"El-Khoury said.With its new Made for China & Enable China strategy, the company will further increase spending on hiring talent and research and development, with the aim of meeting local clients' demand for localized, high-quality services.With more than 300 local employees, the Nasdaq-listed company has established branches in Beijing, Shanghai, Shenzhen in Guangdong province, Chengdu in Sichuan province and Hong Kong. The company has partnered with dozens of local companies, including Alibaba, Huawei and Xiaomi.

"China is willing to share with the Central and Eastern European countries, whose energy consumption is still dominated by oil and gas and is largely dependent on imports," Xu said.

"China plans to further open up the financial sector, which really means a lot to global market players. I hope foreign investment managers like us will be allowed to manage China's public fund in five to 10 years," she said.

"China is transforming to a very powerful and prosperous country," he said, adding that the meeting is helpful for his party as well as his country.

"China has been sympathetic to the food shortage situation in Kenya that was occasioned by weather situation which has not been promising agriculturally. The Chinese people have always stood side by side with Kenyans and will always come to their aid when the need arises," Liu said.