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"Convenient payment services sound simple, but they can encourage immense spending growth," said Alexander Yin, chief financial officer at TGC, the parent company of ePassi, the Finnish payment terminal provider that works in partnership with Alipay.

"Cultural products that illustrate Beijing's culture and the charm of the Chinese culture can be seen in details at the exhibition," he said, adding the event will help the Egyptians to get a closer look at the Chinese capital.

"China's economic development has resilience and potential. The capacity to deal with external shocks is strengthening. The sound economic foundation will strongly support a stable foreign exchange market, and it will provide a stable basis for the reserves," said the statement.

"Chinese carmakers cannot rely too much on their joint ventures for profit, which means they have to work harder on their own models. This will help cull the incompetent but cultivate the competitive such as Geely," Zhang said.

"Companies are looking to reduce costs and rejig equity structure, along with an expanded focus on innovation-led development and structural upgrade."