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Chinese ambassador Jiang Yu stressed in her speech that the meetings held in Tirana would serve the businesses of both countries to jointly explore development opportunities and further advancing the economic-trade cooperation that exists between China and Albania.

Chinese investors currently have limited access to cryptocurrency wallets. Similar popular apps such as Breadwallet and Airbitz are not available on Chinese mobile app stores. China also banned initial coin offerings last year.

Chinese researcher Tian also expected competition in some areas between China and Spain since the two are less economically complementary due to similar industrial structures. However, "the Belt and Road Initiative can help turn competition into opportunities for cooperation if they explore new models of collaboration," he said.

Chinese coal enterprises have made large investments in turning coal into liquid fuel and chemicals through liquefaction and gasification, Wu said, adding that the country may not have the most advanced technology in the coal-based chemical sector, but has tremendous scale.

Chinese consumers are now looking for self expression and individuality, and they are very demanding when it comes to function. They are also very quality-conscious customers and don't compromise on health and quality.