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"Chinese automakers need to conduct thorough research into the legal framework of the target markets to secure legitimacy while lowering legal risks," said Qiu Yiqing, deputy general manager of Geely.

"China's growth model, despite foreseeable headwinds, has been evolving constantly, including further opening up in attracting international capital and deepening financial market reforms," she said. "We expect China to adapt to current challenges and stabilize growth with corresponding policy supports."

"China will continue to outshine others at a time when the developed countries are expected to remain mired in economic stagnation," said Justin Yifu Lin, former World Bank chief economist, at the forum, adding that China's economy will remain robust and serve as the world's economic engine.

"Compared to some advanced countries, China is an emerging internet power that more willingly adopts new technologies," Cheng noted.

"Climbing Mount Everest needs careful planning and meticulous preparation. Everything must be properly calculated," she said.