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ASEAN members are actively promoting industrialization and urbanization, and are in urgent need of equipment, technology and capital.

Xi's visit can bring positive elements together with his U.S. counterpart Barack Obama, and in addition, Xi can explain China's new round of reform in a bid to strengthen mutual understanding, Yuan said.

"But what was really critical was that Tu Youyou identified the active agent in that plant extract," said Zierath, adding "there was a lot of modern chemistry, bio-chemistry attached to this to bring forward this new drug."

China and Mongolia should fulfil the consensus reached by state leaders, strengthen mutual trust, enhance exchanges between political parties and parliaments, and implement big cooperation projects and people-to-people exchange plans to promote bilateral friendship, said China's top legislator Zhang Dejiang.

It is normal for a company to encounter various problems when making investment, whether domestically or overseas. When doing business, one should focus on business. Problems that occur in business operations should not be politicized, and Chinese companies should not be viewed with bias. Competition is necessary for a business to grow, and no one will give away a market to its rivals. We hope that such competition is benign and market-based. There should be no swing doors or glass doors which are placed as non-economic or non-market-based barriers. Unlike established multinational companies, Chinese companies still lack experience in making investment overseas. They need to better adapt to local laws and regulations, technological standards, marketing, human resources management rules, local cultures, etc. Chinese companies will learn a lot and emerge successful in fierce international competition.