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"China is not only our largest market in the world but also a leader in innovation and related services," said Jochen Goller, president and CEO of BMW Group China. "It is thus a country of strategic priority for us."

"China has the world's most complete industrial system with the most diversified sectors and vigorous domestic demand," said Pang Xingjian, senior vice-president of Schneider Electric China, adding the epidemic and its recent impact on factory business will push more Chinese companies, especially small and medium-sized enterprises, to focus on digital transformation for robust growth.

"Chicago is no stranger to winter weather and the city is prepared to work tirelessly to make sure residents are safe," Chicago Mayor Rahm Emanuel told a news conference on Friday.

"But now, most of the world-renowned experts on Chinese traditional culture choose to do research in China, so it's time to establish such an open and inclusive center to promote the development of Chinese traditional culture which meets the new era social development," Wang said.

"China has recovered from the COVID-19 pandemic in an exceptional manner. We have seen the quick recovery of the Chinese economy and the many industries that we serve. In our segment, the Asia-Pacific region has remained largely positive in the third quarter, driven by the continued strong demand in China," he said.