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"Foreign companies, including European ones, were part of the story of China's development, and we believe they will continue to be part of the successful story of China's development and win-win cooperation," he added.

"Great breakthroughs have been made in key technologies, such as visible light communication, new energy vehicles and high-end mining machines," Chen added.

"Global companies on the supply chain mitigate price volatility by locking into prices through futures contracts. This could help industrial upgrades," Li said.

"Given China's record of successful reforms in the past decades, and the authorities' strong commitment and determination, we are confident that China will rebalance to a sustainable growth model," he said upon concluding a visit to China last month.

"From their visit and trainings, if the young entrepreneurs understand what they want to do as far as growing their businesses is concerned, then we will come in to support them," Ma said.