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"China encourages and supports mutual investment between China and Africa, and does not seek a trade surplus. China is ready to create conditions conducive to expanding imports," he said.

"Cash reserves are running down quickly as fleets are grounded, and ... demand is drying up in ways that are completely unprecedented."

"China and Japan should not only be the 'anchor' but also the 'propeller' of the world economy. We should actively advocate free trade, jointly safeguard multilateralism, and contribute more to building an open world economy," he added.

"China has just as much innovation as anywhere else in the world - we've seen some extraordinary businesses come out of there," said the Duke. "The three that are here today are outstanding."

"By serving such tech giants, Chinese chip companies have an unprecedented opportunity to grow into global players," Huang said, adding that the country now uses more than half of the world's semiconductors.