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"China's push to upgrade its sprawling manufacturing sector could bring new opportunities to foreign companies and more efforts will be made to create an open and transparent business environment for them to invest and do business in China," Miao said.

"Culture is changing," he continued. "But we have to find how to interpret the meaning of culture in the context of the 21st century… We need to better translate our own cultures and have them better understood and received by others."

"Crossover branding also has become another hot term for many sectors. Brand collaboration arouses consumers' curiosity, giving them a new reason to spend. It usually generates unexpected market feedback. Their brand image can not only be promoted but also be used to boost sales," Chen said.

"China values Egypt's influence, and is willing to boost coordination and cooperation with Egypt on international and regional issues," Chen said.

"China will continue to raise policy transparency and stability, optimize government services and improve the business environment for investors from all around the globe."