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"China has strengths in production. Today China focuses on production within China and export of those products, but now with the initiative, it is a good opportunity for Chinese companies to invest, for instance, in Spain and produce in Spain with Chinese technology," said Francesc Sanchez, general director of the Port Authority of Valencia.

"By exposing Cathay to healthcare and us to innovation in a global context, such an investment will be beneficial to us in the future."

"China depends on the South China Sea for its commerce. Therefore, in order to secure this vital trade passageway, China has a strong interest in regional stability and freedom of navigation in the South China Sea," Gao said.

"By analyzing customers based on their movement among segments over time, we can achieve dynamic micro-segmentation, and predict future behavior in a very accurate fashion," he said.

"But we had faith in this area because we knew it would become one of the two development engines of Shanghai. The Lingang Special Area in the eastern part of the city was to feature high-end manufacturing, while Hongqiao was to become an important research and development hub that radiates the spirit of the Yangtze River Delta region," he said.