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"Chile's cherry production is expected to double in four to five years. Only the Chinese market can have such a big demand for cherries," said Huang.

"But we don't rule out the possibility that small bike-sharing companies will be shut down or acquired by other companies," Li added. "There will be a reshuffle in the market."

"China has become a major global innovation promoter, which is gradually shifting focus from the quantity of innovation to the quality and influence of innovation," Li said at the launch of the Boao Forum for Asia Innovation Report 2020 on Wednesday in Beijing.

"China accounts for one fourth of our market. We hope to cooperate with more local Chinese suppliers. The Chinese government also encouraged us to cooperate with more Chinese private enterprises," said Francois Mery, chief operating officer of Airbus Commercial Aircraft China.

"China is also becoming more open to foreign companies," said Ravi Shankar Bose, founder of mobile marketing firm Fugu Mobile, which chose China as its first overseas market.