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"Corporations have the ability to shape human development as never before through strategic investments, corporate policies and dialogue with governments and civil society. And corporations have enhanced influence when people trust their brands, which is why brand trusting is very important," he said.

"China's rapid growth has spurred the consumption upgrade, with customers requiring constantly innovative solutions for the future," said Stephen Shafer, president of 3M Greater China. "As we embark on a journey towards success, design plays an instrumental role in helping to fulfill our competitive advantage."

"Companies need to upgrade marketing strategies by adopting data technologies to understand consumer preferences, expand brand influence among acquaintances and create more valuable content," he said.

"China's rare-earth export quota didn't have the desired effect on the importing countries, especially Western countries, because smuggling of rare earths was rampant and some export companies falsified customs codes to evade the export quota and continued to export them to other countries," Jin Baisong, a retired researcher at the Chinese Academy of International Trade and Economic Cooperation, said in an article published on China Daily's website.

"China will continue to maintain steady momentum, advance structural reform, promote high-quality economic development, and seek progress while maintaining a stable performance in terms of employment, finance, foreign trade, investment, investment and expectation." Ning added.