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"From the market perspective, of course, the internationalization process requires the RMB exchange rate to be more flexible and market forces should be allowed to play a sufficient role," said Huang Jun, chief Chinese analyst at Forex.com, the foreign exchange trading platform under Gain Capital Holdings Inc.

"Following this cooperation, WeChat Pay is enhancing its effort in helping European businesses connect with Chinese tourists to realize WeChat's 'One For Billion' initiative (which) is its latest initiative of cross-border business," the statement said.

"Firmenich's new Shanghai Fine Fragrance Atelier embodies the passion of perfumery and embraces the growth of Fine Fragrance in China. Our new, one-of-a-kind Fine Fragrance Atelier will help us better collaborate and co-create with our customers to deliver quality, creativity, value and growth," said Vittoria.

"Fuel cells are a mainstream (new energy) technology internationally, and the commercial application of fuel cells has already begun in China," said Hu.

"For a big importing and exporting nation like China, it is imperative to further open up, pursue greater diversity in the import and export mix, and vigorously attract foreign investment to promote balanced international payments and steady economic development," Li said.