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"By introducing the green technology, we adhere to the safety standards and environmental protection of the community," Chen pledged. "We have to respect the local community instead of challenging the traditions or cultures, and importantly we have to share interests and share rewards with them."

"But still, Chinese car startups are producing models in small volumes to perfect their production lines. And they also must learn from early users' complaints and negative feedbacks to optimize their products," Jia said.

"China is facilitating global trade through the Belt and Road Initiative. What we have seen in the trade frictions between China and the US is a negative side where people say global trade causes problems. You need certain rules to the game so that both sides of trade feel they benefit," he said.

"But technology by itself is not enough. Projects with advanced technologies must be accompanied by viable business models, stable regulation, and smart policies to deploy the technologies," Nakao added.

"China is undergoing a huge demographic shift, with the proportion of its elderly population aged over 65 on track to grow from 10 percent (of total population) today to 24 percent by 2050," said Domenico Savarese, global head of ageing at Swiss Re.