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"Continued growth and success of the Chinese firms in the US will eventually give them a competitive advantage in the public-private partnership market," said Foye.

"China's experience provides valuable lessons to authorities in other countries who are fashioning their own pathways toward sustainable and long-term financial inclusion," it said.

"China's reform and opening-up started with the coastal area. East China got into international trade and resources allocation earlier than the other regions, and thus had the first mover advantage to attract foreign investment and develop industrial chains," said Zhou Mi, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation.

"Currently, investors are interested in the chip industry, but it is important to ensure the right investment direction. It is important not to put all the money into semiconductor design. China is lagging behind advanced countries in chip material, equipment and manufacturing, all of which need heavy resource inputs," Ding said.

"China's fast-growing digital economy has sharpened the country's competitive edge in industry and created favorable conditions for foreign businesses to invest in more areas," he said, adding that 4G-and 5G-based digital infrastructure is a solid foundation that facilitates rapid growth of artificial intelligence, big data and diversified online services.