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"From these ordinary men and women, we know why the China-US relationship is firmly grounded and why we should be confident in its future," the ambassador said.

"From the reluctance at the very beginning, the Europeans have started to shape their joint attitudes towards the Belt and Road Initiative," Schaefer, who worked as German ambassador to China from 2007 to 2013, said during an exclusive interview with China Daily in Berlin.

"Financial regulators' tolerance of higher NPL ratios for SME loans will also motivate commercial banks' lending," he added. "The challenge is how to precisely assess SMEs' financial risks and to prevent fraud based on limited information. Utilization of big data and advanced technology such as AI may be the key."

"Gree's future development should rely more on cutting-edge technologies in the artificial intelligence and robotics sectors, which will be a trend in the global manufacturing industry," said Rao.

"For years, China has been investing in major S&T (science and technology) fields, such as infrastructure, high-speed rail, aerospace and biological technology. It is time to reap the fruit," said Zhang Ping, a Peking University professor who specializes in intellectual property.