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"China's Belt and Road Initiative and South Korea's 'Northeast Asia plus' policy can be cohesive. There should be a lot of common ground and a lot of potential for cooperation between the two countries," Jung said, adding that the economic development between China and South Korea has formed an interdependent relationship, meaning "we must seize the state visit as a chance and work together in the future".

"Chinese brand's performance results from its less successful product development and, more importantly, their undue efforts to cut prices," said Fu Lianxue, a senior expert at the center, in an interview with China Economic Net.

"Chinese companies will play an important role in the upgrading of Sri Lanka's manufacturing sector," said Shrima Jean, senior vice president of Sri Lankan chamber of commerce and EC member of South Asian Association for Regional Cooperation Chamber of Commerce and Industry.

"Countries of the region should be encouraged to strengthen dialogue, deepen understanding and trust," he said.

"Currently, the data of banking institutions lack accuracy, comprehensiveness and timeliness. These quality problems for data have prevented banks from heading toward high-quality development and have affected the regulatory efficiency," said the China Banking Regulatory Commission in a written explanation for the latest guidelines posted on its website.