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"Debt-to-equity programs work well for companies that are facing short-term obstacles but are expected to see profits in the future," said Xu Gao, chief economist with China Everbright Securities. "The key is to ensure the programs can be implemented using legal means and with high transparency."

"During recent bidding for the core network launched by China Mobile, about 44 percent of the market share went to Ericsson and Nokia, while we got a little over 50 percent. The West is most concerned about the core network when it comes to cyber security. China is open in this area, so it allows western companies to have such a large market share in the core network. This also shows that China trusts them," Ren said according to a transcript made available by Huawei.

"Entering the Indian market is an important step for Great Wall Motors' global strategy."

"Even though the West likes to think China is not innovative, they are innovative in a different way, much more market-driven, more application-driven," Walker said.

"Even though the Greater Bay Area accounts for less than 1 percent of China's land territory, its population is just under 5 percent of China, it created 13 percent of the country's economic output in 2015," said Lin Jiang, deputy director of the Center for Studies of Hong Kong, Macao and Pearl River Delta at Sun Yat-sen University.