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"Continuing the upgrading of China's industrial structure, consumption structure and urban-rural structure will breed huge domestic demand potential, which should be the key power to support the nation's economic growth of about 6 percent in the next five years," Kuang said.

"Chinese cities have been innovated in a way that has never been done anywhere in the world. There were no models and this cannot be learned from the West. The West has never done anything similar－to accommodate such a large migrant population in such a short time."

"Continental is a leading automotive supplier with abundant experience in automotive electronics development and manufacturing.

"China's stocks took a major step toward global acceptance on Wednesday, finally winning a long campaign for inclusion in a leading emerging markets benchmark, in what was seen as a milestone for global investing."

"Chinese consumers, especially millennials (those born in the 1980s and 1990s), want to enjoy life ... they care about their individuality and love to travel, and when it comes to shopping, they have unique tastes. To woo them, we have brought iconic fashion including street styles and premium sports brands to them," Israel said.