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"China has just as much innovation as anywhere else in the world - we've seen some extraordinary businesses come out of there," said the Duke. "The three that are here today are outstanding."

"China and Africa have forged a deep traditional friendship, which is underpinned by mutual understanding, mutual respect and mutual support," he said.

"But we are still facing big challenges in producing reliable core components, and many products are still mid-tier to low-end. We hope the roadmap can serve as guidance for companies to cultivate innovation and upgrade their plants," Xin said.

"China has ambitions to integrate into the global aviation industry chain. China-developed aircraft are flying overseas, and so are our creative designs and engineering services," said CAPDI Chairman Lian Dawei.

"Capital market opening-up has accelerated substantially this year, with launches of the Shanghai-London Stock Connect and the Nasdaq-like tech board STAR Market," said Wang Tingting, an associate professor of finance at Central University of Finance and Economics in Beijing.