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"China's economy is very attractive because of its size and its growth potential," Thurston said. "Even though (China's) headline growth has slowed, the quality of growth has improved. As the country continues to transform from an economy based on fixed assets to one that emphasizes domestic consumption, China will remain an exciting investment opportunity."

"China's AI industry is rising and has unlimited development potential. This partnership allows IBM to bring our cloud and AI technologies and industry expertise to Chinese industries and innovative startups," said Liming Chen, IBM Greater China Group chairman.

"China welcomes the US side to participate in cooperation within the framework of the Belt and Road Initiative," said the Chinese president, referring to the vision he proposed in 2013 of building an infrastructure and trade network connecting Asia with Europe and Africa along the ancient land and maritime Silk Road routes.

"China's contribution to world economic growth has exceeded 30 percent over the past five years," Chen said. "Without China, there would have been no recovery of the world economy and there would have been no recovery in the US after the global economy was hit by the financial crisis of the century that started in the US in 2008."

"China's economy has achieved high-quality growth and the country's internet and technology development has gained momentum thanks to reform and opening-up," Ma, who also chairs internet giant Tencent Holdings Ltd, said ahead of the opening meeting of the first session of the 13th NPC.