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"China is the world's second-largest economy and the axis of the global demand for goods. That's why the expo is of enormous importance -- the further opening-up of China's economy," said Castro.

"CIIE is a great opportunity for the company to demonstrate our technology leadership to a broader audience," said Su Hua, president of Infineon Technologies China. Infineon is a semiconductor company based in Germany.

"China has developed the new energy vehicle industry for almost 10 years. The customers have learned to buy electric cars, which will help expand the market," said Cai Jianjun, executive vice-president of Aiways.

"China is much stronger in the industrial side," Kerkhoff told reporters in a group interview in Shanghai. "You see more and more technologies which first emerged in China and are then deployed everywhere. That's a trend that will definitely continue."

"China is shifting from producing inefficient and dated vessels that are clogging up Chinese shipyards to investing heavily in the rapidly growing market of LNG and liquefied petroleum gas or LPG carriers, as well as marine fishing ships, law enforcement vessels, large icebreakers and chemical tankers," said Chen.