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"Continuous innovation is also needed, because the society is evolving at a very fast pace in China," Crozier said.

"Compared to those sold in brick and mortar stores, each mini excavator only costs about 50,000 yuan, less than half the giant ones. I don't know how to drive an excavator, but the worker who helped dismantle the latrines said it worked perfectly," Wang said.

"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 will continue to strengthen cooperation with developed countries," he said, adding that European countries, such as the United Kingdom, Austria, Denmark, France and Italy are actively engaged in Chinese science projects and development.

"China's adherence to peaceful development and firm support for multilateralism is to maintain its own development environment and benefit the world through its own development," Wang said.