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"China's smartphone market is forecast to drop 12 percent in 2018, which definitely weighed on all vendors, but it is worth noting that even within such a tough situation, Chinese players Huawei, Xiaomi Corp, and Vivo all managed to maintain growth in the first nine months of last year. In the same time frame, Apple, however, dived 12 percent," Jia said.

"China's fast-growing 4G network will provide a solid foundation for its manufacturers going forward. This will benefit greener, more efficient and sustainable industrial development in the park," Zhou said.

"China should further streamline VAT brackets to encourage fair market competition, which in a sense reduces taxes for many enterprises," Liu said.

"Chinese biotech firms are on the rise and are set to benefit patients in developed and developing countries alike," he added.

"Cirque du Soleil is a global leader in entertainment. And as a global leader in entertainment, we want this show to be the most popular in the world," Daniel Lamarre, CEO of the Quebec-based company, said at a news conference in Hangzhou.