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China promulgated its first law to regulate foreign investment-related issues in 1979 when reform and opening up just started. The country has promulgated some other laws and regulations since then. They were called the "three law framework" governing foreign investment in China.

China is willing to work with countries in Africa on digital infrastructure development and help small and medium-sized enterprises thrive amid this process, Zhu said.

China welcomes foreign institutions with expertise in risk management, pension management, consumer finance, wealth management and health insurance, Huang said.

China is willing to work with India on the basis of the Five Principles of Peaceful Coexistence to improve political mutual trust, promote mutually beneficial cooperation, and push Sino-Indian ties along the right track, he said.

China wants to extend its hands for cooperation with everyone, increase the global exchange and improve the lives of its partners, the expert said.