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"Companies that ultimately go on to have success … what they have understood is that while content is critical, distribution is king," Wehmeier said.

"China should maintain equilibrium among the indicators of growth, employment, prices and the international balance of payments. Industrial modernization should be promoted with intelligent production and core technology.

"China remains, in my view, the world's best consumer story," he said.

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

"China's asset management market is expected to grow more than fourfold over the next 10 years… We are committed to bringing global best practices and enhancing the financial wellness of Chinese citizens," Ho said.