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"Countries around the world face a critical test, which is whether we can reach consensus that international cooperation is the biggest driver of global growth and a key solution to preventing the economy from falling into a deep recession," Chen said on Friday at the sixth Global Think Tank Summit, held by the China Center for International Economic Exchanges.

"Companies are seeing their gap widening in brand recognition and sales. Some are struggling and on the verge of bankruptcy," Chen said at a press conference last week in Beijing.

"Chinese consumers are on average 15 to 20 years younger than our European customers. In China, we are especially catering to the millennials. The majority of our Chinese consumers are younger than 35 years," said Langer.

"Chinese cities rose collectively in the past four decades regarding their scale of urban population growth, which has had a great impact on the global urbanization process," said Ni.

"China ranks as Thailand's largest trading partner for five consecutive years and the bilateral trade volume reached billion last year, up 8 percent. The number of Chinese traveling to Thailand amounted to 11 million last year, one third of all foreign tourists in Thailand, making China the largest source of revenue for Thailand's tourism industry," said Sasirit Tangulrat, consul-general of the Thai Consulate in Shanghai.