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"Growth is bolstered by strong economic performance in the first half of the year" the ADB said in its updated Asian Development Outlook (ADO) 2018, the bank's annual economic publication.

"Foreign countries have expressed their confidence in China's capability and China will open its door wider to welcome them, as always," Chen said.

"For many years, we have had a range of dedicated innovations in China that we do not sell in other markets. We are working on artificial intelligence-enabled personal health solutions for products such as oral care, air and sleep innovations, as well as nutrition and mother and child care," he said.

"Given the gradual fine-tuning by policymakers to balance growth with reform and deleveraging, we maintain China's 2018 GDP growth forecast to be 6.4 percent this year," said Louis Kuijs, head of the Asia Economics Department at Oxford Economics, a British think tank.

"Going overseas always brings challenges, particularly from a cultural perspective. Running a business in less familiar economies requires us to know the local culture, work with the locals, gain a thorough understanding of the legal environment, regulations and laws," said Lu.