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Born in 1956, the veteran envoy took the lead role at the Chinese embassy in London in 2009, and gives frequent interviews to British media, including with the BBC.

Both Ma and Tsai have been steadily less involved in Alibaba's regular operations since Daniel Zhang was announced as Ma's successor as company chairman. He assumed that role formally in September 2019.

Boeing 737 Max fuselages are seen parked outside the company's production facility in Renton, Washington, US, Jan 10, 2020. [Photo/Agencies]

Bilateral trade volume between China and Japan amounted to 5.86 billion between January and November, while China remained Japan's largest trade partner, according to data from the General Administration of Customs.

Boosted by momentum such as 5G, new infrastructure and next-generation factories, China's investment environment has become more attractive, Herweck said. The company has seen a large number of innovation results from its Chinese teams and partners, and the commercial environment in many sectors has notably improved in China, he added.