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"But there are still huge gaps between SMEs and large enterprises, in digital strategy, talent, technology and capability. During the pandemic, the need to go digital has become even more pressing than ever. We want to use the information and communications technology to help European SMEs stay competitive. We want to help them go global," Li said at the second round of Huawei European Innovation Day 2020, an event held online in Germany.

"China has basically fulfilled all WTO rules and rulings," said Vice-Minister of Commerce Wang Shouwen during a briefing on the white paper on Thursday, quoting Adam Posen, president of the Peterson Institute for International Economics.

"China offers a lot of unique experiences," she said, adding that making those experiences available to international travelers would help China's tourism sector grow faster.

"China hopes to work with all parties to seek common development and share prosperity as the initiative proposed in 2013 aims to build trade and infrastructure networks connecting Asia with Europe and Africa along the ancient Silk Road trade routes," said Ma Wensheng, deputy secretary-general of the Charhar Institute think tank.

"China Unicom's rich infrastructure resources and partner ecosystem will also help these new investors speed up their business expansion and penetration in different areas, including cloud computing, artificial intelligence and the internet of things, Dai added.