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"CATL, thanks to its world-leading technologies, is expected to rival traditional battery manufacturers like Panasonic Corp and LG Chem Ltd, and take the lead in the global market," said Mo Ke, chief researcher at ReaLi Research, an institute focusing on lithium battery industry.

"By seeing how we treat illness and maintain our health, we hope visitors can learn about the ancient philosophical concepts that are the backbone of Chinese culture," said Herb Tam, MOCA's Curator and Director of Exhibitions.

"China also welcomes the participation of foreign enterprises in the process, if they are interested," he said. "With reforms deepening, the SOEs will take on a new look and make new achievements."

"Certain industries still have a high barrier for entry, and some government officials have transferred their functions to related institutions," Lin said. "Some agencies have been using their administrative resources to set up new barriers (for market entry) and charge a high fee."

"China opposes arms race and works to safeguard global strategic balance and stability," Zhang noted.