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"China has the world's largest IoT market. The AI and IoT industry have great potential in China," said Roan Kang, vice-president of Microsoft China, adding that Microsoft would provide the most comprehensive AI and IoT platform, products and solutions.

"But today, we are open and receptive to what the consumers have to say because we belong to them," Seth said.

"China has helped Asian and African nations develop their trade, so these economies registered robust growth," he said.

"China has entered a period of accelerated consumption upgrading, and the consumption structure has improved from survival to growth and enjoyment. Wine is undoubtedly an enjoyable consumer product in China, and such consumption trends have brought greater opportunities to Chinese and Italian wine companies," said Massimo D'Alema, former Italian prime minister.

"China lags behind the US in efficiency in much agricultural production," he said. "A proper increase in importation of agricultural products from the US is in the interest of China."