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"Consumer goods that are produced by enterprises with a medical background are gaining popularity as they give consumers an impression of hygiene, health and professionalism. Pharmaceutical companies' own medical attributes naturally give the companies a halo, and consumers are more likely to have a nice impression of their products," Jin said.

"Creating employment opportunities is one aspect of upholding CSR (corporate social responsibility). All Chinese companies are also creating win-win outcomes by transferring technology, contributing to communities and cooperating with local government," he said.

"China should further streamline VAT brackets to encourage fair market competition, which in a sense reduces taxes for many enterprises," Liu said.

"China remains the 'ballast stone and booster' of world economic recovery," Wang said.

"China, Japan and South Korea should speed up the negotiation pace of the free trade agreement and boost other investment activities. Developing combined transport by rail and sea, road passages and other infrastructure is practical to establish a flexible transportation network throughout the Northeast Asia region to improve and diversify regional economic growth," he said.