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"China is a market with a population of 1.4 billion and 400 million middle-income earners, and there is a strong demand for consumption upgrade," said Wang Bin, an official at the Ministry of Commerce. "The domestic consumption market is full of potential and it is China's biggest advantage to maintain long-term stable development."

"China is a very good example for African countries because most of its characteristics 40 years ago were equivalent to most African countries, including GDP and infrastructure," she said.

"CMA will be the core of Geely's future architecture design ... We learn technologies and build up talents through developing it," said Li Li, vice-president of Geely Automobile Research Institute. Li confirmed the Proton plan during an interview with Reuters.

"China has become one of our most important markets around the world, and we attach great importance to our development in China. Although the Chinese economy is relatively slowing down, it is still a fast-growing market worldwide," said Howard Ozawa, executive vice-president of Canon.

"CIIE provides an excellent opportunity for Markham to be showcased as the 'High-Tech Capital of Canada' and a preferred location for investment," said Tam.