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"China will continually push forward the high-level opening up and welcome more investment from French enterprises and financial institutions. And the French side agreed to continue to open up trade and investment, provide non-discriminatory treatment to Chinese enterprises, and maintain a fair, transparent and predictable business environment," it said.

"China's AI industry is flourishing currently, epitomized by the fact that an increasing number of tech breakthroughs are being made. AI is also being applied in a string of vertical industries," said Chen Zhaoxiong, vice-minister of industry and information technology.

"China's economy is very positive in general. The dividends from reform are huge and yet to be fully realized," he said during the sideline of the 2017 Annual Meeting of New Champions, also known as Summer Davos, in Dalian.

"Co-working is an emerging industry with much space to explore and innovate in, and the market is far from saturation," he said.

"China's manufacturing sector and the broader economy are likely to continue steady growth on the back of favorable macroeconomic conditions and rebounding foreign markets demand," investment bank China International Capital Corporation said in a research note.