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"Due to the campaign against corruption in recent years, a new problem occurs that many cadres begin to feel pressure that some do not dare to take responsibility and do practical things, which is also a dereliction of duty," he said.

"Electrified cars are the future of mobility and China is at the forefront of developing sustainable e-mobility solutions," said Jochem Heizmann, president and CEO of Volkswagen Group China.

"Excavators are not just used for basic construction," Huang said. "They are also used in advanced projects such as wind power farms, industrial housing, smart city developments and medical equipment factories."

"Developing in China is not merely for growth. As China spearheads the world in innovation, doing business here has contributed and will contribute greatly to our continued growth globally," said Naoko Hase, head of the corporate strategy division at Shiseido China.

"Enterprises investing and operating in BRI countries point to often serious levels of tax uncertainty that arise from poorly drafted, unclear or complex tax rules, excessive documentation requirements and unpredictable or inconsistent tax treatment," said Lewis Lu, head of advisory services provider KPMG China.