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"Consumers go to our physical store. They also purchase through mobile phones and other digital devices. About 90 percent of Chinese consumers touch digital points before they visit physical stores," said Rorsted.

"Companies flocked to China in large numbers because the country was the first to control the pandemic and resume domestic circulation. As China's dual circulation economic development pattern continues to strengthen, there will be more opportunities for European businesses," He said.

"Currency needs to find the right level, I don't worry about Chinese renminbi depreciation," said the EBRD president, who shared an optimistic outlook on the world's second-largest economy.

"Considering our current operation status, we are able to complete and may even exceed our global expansion goal of 200 cities," said Chris Martin, Mobike vice-president and head of its overseas expansion business. Much of that expansion will be domestic, but he said Mobike will cover more countries in the second half of the year.

"Chinese investment in the UK is open and transparent," he said on Thursday. "Britain needs to be open-minded, inclusive and confident when it comes to foreign investment."