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"Currently, we have over 200,000 enabled merchants throughout the US right now that can accept Alipay. By partnering with these US merchants, Alipay also helps them to grow because they can tap a group they normally cannot reach."

"China's opening-up has entered a new stage, for which the Yangtze River Delta region should play a key role," he said.

"Currently, efforts are needed to solve the application problems of the industrial internet in different industries, summarize scalable solutions of industrial internet applications in the industry and on this basis, seek to build a standardized solution framework for common problems," Xu added.

"China will be one of the focal markets. We will strengthen our position by accelerating the launch of new brands and innovations, increasing our marketing investments and driving digitalization even further," said Jeremy Hunter, president of Henkel Greater China.

"Currently, we are running at full capacity. Thanks to the digital industrial chain platform, we managed to find more than 1,000 suppliers for resources sharing such as employees, raw materials, and logistics among others to guarantee smooth production," Huang Min, vice-president of Guangxi Liugong, told the People's Daily.