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"Chinese companies have been actively involved in the development of these new requirements, and they will be among the players driving implementation of these new technologies," Zhao said.

"Cooperation between China and Brazil is bound to usher in a broader future," Xi said.

"Continuous innovation is also needed, because the society is evolving at a very fast pace in China," Crozier said.

"Consumption now remains the main driver of economic growth," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "Due to rising Sino-US trade disputes, we are facing many external uncertainties. Therefore, we need to focus on boosting domestic demand. Considering the current levels of per capita rural and urban incomes and the proportion of consumption to the total GDP, there is a lot of room for consumption growth."

"Chinese consumers want diverse, quality products, and a nice consumption environment," said Yu, adding that spending on health, convenience and personalized lifestyle products has risen.