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"Chinese students form an integral part of our education and research community," he said. "I am delighted that our popularity among Chinese students and their families has been recognized with this prestigious award."

"China's economy is expected to post steady growth in 2018 thanks to the continuing structural reforms, simplification of administrative procedures, and implementation of an innovation strategy, but potential risks in the economy should also be monitored," Yi said.

"China's overall strengths, including supply chain, opening-up in financial services, as well as talent in e-commerce, are so prominent that they (foreign businesses) are confident to invest here long-term," he said, based on a recent survey of clients about their attitudes toward China.

"Currently, we especially target small and medium-sized companies, which account for around 70 percent of the total domestic firms, aiming to help them reduce the costs on operation and IT spending."

"China's international sci-tech cooperation will be conducted on the basis of mutual benefit and win-win results, rather than a matter of importing technologies," Tian said. "We hope that all our partners can benefit from this approach."