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"China is way more advanced in mobile payments," said Virkkala. He told Xinhua that he believed "the approach is now coming to Europe."

"By officially introducing the world's payments giants such as PayPal to China, the People's Bank of China is hoping that domestic payment service providers will raise compliance awareness and enhance capabilities to ensure their operations fully comply with regulations through greater competition with their international counterparts. It may be more effective than simply relying on regulators and law enforcement agencies to fight against payments market irregularities," Zhao explained.

"But when seven out of 10 customers who come into our showrooms are new-time buyers, buying an additional car or buying their first car, it is not surprising that in China new products are so fundamentally important," he said.

"China is our important market with huge potential. Our facilities in Tianjin produce equipment and chemicals for the rest of Asia-Pacific markets," said Sha.

"China is one of the world's advanced states in the field of energy. Egypt's coordination with China is at the highest level and the cooperation between the two sides is very effective and fruitful," Hamza said.