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"China's market is becoming more and more important for us," Craig said. "Taking into the nation's huge development during the past decades, we've seen huge opportunities."

"China's remarkable progress in reducing extreme poverty has significantly contributed to the decline in global poverty," noted Hoon S. Soh, World Bank Program Leader for economic policy for China.

"Compared with the likes of Apple Music and Spotify, Tencent Music is no smaller in scale," said Ge Jia, a senior internet analyst at China Intercontinental Communication Center.

"China, as the world's largest robot market, sincerely welcomes foreign companies to partake in the strategic opportunity to jointly build a global industrial ecosystem," Miao said at the opening ceremony of the 2018 World Robot Conference in Beijing on Wednesday.

"China's regulation on the administration of savings has stipulated only banks and credit cooperatives can handle savings-related business. Internet platforms, which largely market these products through massive online traffic, are not technically eligible for such services," said Dong Ximiao, chief researcher at Merchants Union Consumer Finance Co Ltd.