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"China's economy is very positive in general. The dividends from reform are huge and yet to be fully realized," he said during the sideline of the 2017 Annual Meeting of New Champions, also known as Summer Davos, in Dalian.

"China's sincere help has gained praise from downstream countries," he said.

"Chinese customers have embraced buying big-ticket items online because it circumvents hours spent at a physical dealership negotiating with sales staff," said Qi Xiaozhai, a senior business consultant for the Shanghai Municipal Commission of Commerce. "It has made prices transparent and traceable."

"China will continue to implement its proactive fiscal policy and prudent monetary policy, and strengthen its counter-cyclical adjustments. Both industrial production and consumption should be further upgraded and boosted," Ning said.

"Countries along the routes need to invest trillions of US dollars in developing their infrastructure in the years ahead. Financing the Belt and Road is a huge endeavor," said Ian Stuart, CEO of HSBC UK.