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"Companies in China have stepped up CSR efforts in recent years, but there also is room for further improvement," Zhong said.

"China seeks balanced trade with other countries, rather than a trade surplus," Wei said. "The expo shows China's commitment to facilitating mutual benefit and a win-win partnership with other countries and regions."

"China's economic development has been extremely rapid after the adoption of the reform and opening-up policy," he said, adding that the policy has been beneficial to both China and the rest of the world.

"China wants to be the leader, not the follower in the generation of 5G," said Richard Yu, the CEO of Huawei's consumer products division, who made the speech. "We were late in the 3G development, but we caught up with others in 4G and will be the global leader of the ICT (information and communications technology) industry in the era of 5G."

"Customers want smart cars for a smart world, and Chinese customers are quick to embrace new technologies and electric cars are going to be a preferred choice," the executive chairman said.