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Another noticeable trend is that a growing number of private companies are going global and they are increasingly taking the lead in technology innovation, whether domestically or internationally. Apart from serving their European clients, China's private companies are leading some big changes in their industries after they expanded into Europe, he said.

Ankush Arora, chief operating officer at Mansour Automotive, said the manufacturing of the cars will start in the next 12 months, adding they are setting up the assembly facilities at the moment.

Another two berths, each with a 225,000-ton capacity, are close to being completed on Phoenix Island, according to local officials. The construction is a testament to Hainan's ambition to turn Sanya into an Asian Miami, on par with Miami, Florida, in the United States, which is known as the cruise capital of the world.

Another zone, Fangchenggang in South China's Guangxi Zhuang autonomous region, is the largest port in West China and also the country's gateway to the waters of ASEAN countries. Express roads and railways in the region are linked with the country's transportation network.

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