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"For both China and India, achieving development and revitalization is the top priority where we share long-term strategic interests."

"German enterprises have taken the lead in benefiting from China's new round of opening-up," said the ministry. "It has been proven by the facts that China and Germany have come to the forefront in bilateral financial cooperation. The commitments made by China in the dialogue are not confined to words, but to action."

"For those already in the fintech industry, China offers great potential. And for those in banking and financial services - or with relevant technology skills - now is a good time to consider what your career could be in the fintech industry," Lance said.

"Following restrictions placed on Huawei, a group of Chinese tech companies have been devoted to ensuring a sustainable supply chain and continued innovation efforts," said Xiang Ligang, director-general of telecom industry association the Information Consumption Alliance.

"Having said that, at the business level, our own relationships with our counterparts and clients in China continues to be very strong. It is not impacted at that level, but obviously there's an overriding political relationship that makes things difficult," he said.