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"China is increasingly becoming a world leader in advanced fields such as AR, and this competition will allow us to discover new talent in the growing AR industry," Shiung said.

"CIIE provides a great platform for us, it will provide strong exposure for the firm through meetings with high-level government officials, influential trade professionals, including lots of existing and potential customers," he said. "KPMG will bring the latest digital innovations and technology to this year's expo in audit, tax and advisory services."

"China has made positive progress in economic restructuring, transition of growth drivers, and the battle against major financial risks," said Zhao Huan, president of Agricultural Bank of China, at a news conference on Tuesday.

"China hopes to strengthen cooperation with the US on developing clean energy, carbon capture technologies and other issues. Our cooperation with the US at the state level has progressed quite well and never stopped," he said.

"China is well-established as a manufacturing hub but not in the upfront engineering sector," said Peter Zhang, chief executive officer of Aon Hewitt in China. "Because of this, Chinese companies have to resort to seeking candidates in other companies."