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"China has consistently helped ASEAN in realizing the SDGs," he said, noting that members of the regional bloc "learned a lot of from China's experience in eradicating poverty and inclusive innovation".

"China is playing an essential role in driving toward a future of zero emissions, and GM is intent on helping to make it happen," said Matt Tsien, GM executive vice-president and president of GM China.

"China is playing an increasingly important role due to the sale of hearing solutions via private specialist stores and retail chains, he said, adding the country shows a vast potential in market penetration as an estimated 70 million people in the country suffer from hearing loss, but a mere 5 percent own hearing aids.

"CATL will provide localized services with a local team in Sweden for localized battery supply services and more efficient communications," the battery giant, based in Ningde, Fujian province, said.

"China is already more digitized than many observers appreciate and has the potential to set the world's digital frontier in coming decades," the McKinsey Global Institute said in a report.