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Apart from investing locally and hiring local people, Zhao said many high-end Chinese manufacturers have filled the local technical gap and optimized the industrial structure, so it's never about Chinese companies taking advantage of local natural resources, but creating a win-win situation.

Another heavyweight cross-border e-commerce player NetEase Kaola has pledged to procure 3 billion euros (.73 billion) worth of goods from Europe over the next three years.

Apart from the US, the countries that are ranked ahead of China are obviously incomparable to it regarding market potential, Wang said, and China may even possibly outperform the US in this regard.

Anti-corruption efforts should never cease, as stated at the second plenary session of the CPC Central Commission for Discipline Inspection, which concluded on Jan 13, Zhu said, adding that the systematic buildup should be promoted to ensure officials are not involved in corruption.

Apart from traditional infrastructure projects like highways and airports, Qi said construction machinery will be key in supporting the growth of new infrastructure projects, such as building 5G base stations, telecommunication towers, ultrahigh voltage grids and intercity high-speed railway networks.