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More work needs to be done in this area so as to better protect the legitimate interests of overseas Chinese citizens and companies as well as foreign citizens and companies based in China, according to the statement.

Chinese Internet enterprises have made significant contributions to realizing the stable growth of the country's economy, stimulating employment as well as improving people's livelihood, said Xi.

"China's foreign policies have always been popular in the whole world. China is truly a major power and we look forward to China playing a larger and more decisive role in solving regional disputes," said Allam.

As China's military undergoes a critical period of restructuring, it is important that the armed forces consolidate confidence among servicemen and women, and improve their understanding of the reform campaign, he said.

Chinese exhibitors can be seen in almost every exhibiting hall of the grounds. Leon He, president of Huawei's western Europe enterprises business unit, said over 10 percent of the company's total revenue is invested in research and development (R&D). In 2015, Huawei's innovation investment amounted to some 9 billion U.S. dollars.