"China's remarkable journey stands as a testament to what's possible," said Ajay Banga, president of the World Bank Group, at the forum.

His views are echoed by Masatsugu Asakawa, president of the Asian Development Bank, saying that he is encouraged by the progress China has made in its development. "Looking ahead for China we see a stable growth trajectory in 2024, within the target range announced by the government," said Masatsugu Asakawa.

In her speech, International Monetary Fund Managing Director Kristalina Georgieva said that China is transforming its economy from high rates to high quality of growth and that high-quality development ultimately depends on reforms. 

She acknowledged China's leading position in artificial intelligence, saying China's well-developed digital infrastructure provides a head start. In terms of advancing the green economy, she described China as a global leader in deploying renewable energy with enormous potential, adding that China was making rapid progress in green mobility.

"China's remarkable development success has delivered tremendous benefits to hundreds of millions of people," she said and expressed her confidence that China and the world can tackle the current challenges and create a more prosperous future for all through cooperation.

"L'Oreal will continue to invest in China as we believe that investing in China is investing in the future," said Nicolas Hieronimus, chief executive officer (CEO) of the France-based cosmetic giant, adding that the CDF reflects China's determination to embrace a new era of high-quality development.

Milind Pant, CEO of Amway Corp., said China has been the company's largest, fastest growing and most important strategic market for over 20 years. Amway China has seen a sales growth of 7 percent annually on average over the past three years, said Pant, adding that Amway will continue to invest in China. "China's advantage presented by complete industry chains and innovative ecosystems are now widely recognized and highly regarded by multinationals," he said.

Pascal Soriot, CEO of British biopharmaceutical giant AstraZeneca, said the company had been in China for over 30 years and noted that it had become its important growth engine by revenue. "We are here because China is at the forefront of using artificial intelligence, biotechnology, and renewable energy to shape the future of healthcare, and we believe that Chinese-born innovation can help millions of patients worldwide," he said.

"China is absolutely critical for the world growth. If China doesn't grow, the world is not growing," said Antoine de Saint-Affrique, CEO of Danone, a food and beverage multinational. De Saint-Affrique said that Chinese government is doing its commitment of around 5 percent growth rate in a way that is sustainable, and is unleashing the new quality productive forces, which gives him huge confidence in the market.