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"China has been developing so fast the past few years, and there are so many Chinese companies in Serbia. I often heard about China from them and was fascinated about it. I would like to know how China was able to develop so fast, and so I decided to study MBA here," she said.

"China has the world's largest IoT market. The AI and IoT industry have great potential in China," said Roan Kang, vice-president of Microsoft China, adding that Microsoft would provide the most comprehensive AI and IoT platform, products and solutions.

"China is already the largest market for electrified vehicles, and the gap between China and Europe and especially the United States will increase in the next years," said Continental Chairman and CEO Elmar Degenhart.

"China has been the largest automotive production and trade market for 10 consecutive years. That success couldn't be possible without breakthroughs from domestic auto component makers, among which Shengrui is one," Xin Ning, deputy head of China Automotive News said at a summit organized by Shengrui in January to discuss the latest industry trends.

"China has not been manipulating its currency, so this is just recognizing reality," said David Dollar, senior fellow at the John L. Thornton China Center at the Brookings Institution.