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"China's financial sector will be much more competitive, our capital markets will continue to enjoy healthy development, the building of a system of modern industries will be accelerated, our market environment will be greatly improved, and intellectual property rights will be effectively protected. In short, China will enter a new phase of opening-up," she added.

"China takes real actions to reject unilateralism and protectionism, providing guidance toward the right direction of building an open world economy," Wang said.

"China's process industry is catching up to the rest of the world in terms of sustainable, high-quality development, yet many companies don't know how to well structure the strategy to execute it," said Chen Yan, vice-president and general manager of Honeywell Process Solutions, China.

"China today is on the rise. That's a fact. Some Australians have not as yet come to terms with this fact."

"Companies need to explain one thing: 'What distinctive value can we create for customers?' If the question cannot be answered clearly, the development cannot be sustainable," said Xu Lianzheng, co-president of Kmind.