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"China is not aimed at challenging or replacing any country. It is committed to a new path of state-to-state relations, that values dialogue above competition and partnership above alliance," he said.

"China is willing to work with the international community to safeguard the international system with the UN at its core and an international law-based order, advocate the principle of achieving shared growth through discussion, and collaboration in global governance, " Li said, also expressing China's commitment to contribute to the reform of the global governance system in the right direction and safeguard international equity and justice.

"But we are not pessimistic about the sales volume this year, partly due to the demand derived from machine replacement and exports," Lyv said in a recent research note.

"China has been one of the big funders of mining globally, including in Canada," said Spence. "If you look around the world, in the past few years, the real two big funders were China and private equity, while the traditional financiers-commercial banks-were out of the market, so China was seen as a big source of alternative finance."

"China now boasts over 2 million new-energy vehicles and holds more than 100 technical standards," Cang said. "We are in a good position to share our expertise and experience with the ASEAN nations and help them grow."