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"China has huge domestic demands, and has many friends and trading partners in the world, so the current disputes will have an impact on China's economy in a short term, but won't have disruptive influence," she said.

"China is making a very sensible bet here on AI. It is very well placed to take advantage of the coming AI revolution. It has a lot of data, it has lots of big tech companies which are well positioned to develop," Walsh said.

"China is seeing a consumption upgrade as consumers are restructuring purchasing behavior and lifestyle," Zhao said.

"By integrating port facilities and services, the coastal ports in Shandong province will enhance connections with more 'waterless ports' in inland provinces along the Silk Road Economic Belt," said Huo Gaoyuan, the new group's first chairman, adding that the new group will provide services for hinterland areas involved in the Eurasian Continental Bridge.

"China has one of the world's most abundant resources in application and in smart car networking, and we can do much more and much better in smart car making," He said. "We have accumulated experience, and we will invest more in research and development in this regard in the future."