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"China's Belt and Road Initiative means great opportunities for Italy," said Antonio Fatiguso, Beijing bureau chief of ANSA Agency, Italy. "I'm very positive on the further cooperation of the two countries and I think it's something that is underway. I think the bilateral ties will improve, not just in the economic field, but also from (the) cultural perspective, such as film co-production," he said in an interview during a show called "Beijing in My Eyes-Conversations with Chief Correspondents" presented by Radio Beijing International.

"China's financial opening-up has already drawn a positive market response. This new round of opening-up will forge a level playing market environment for both foreign and domestic firms," Guo said.

"China's economy is very positive in general. The dividends from reform are huge and yet to be fully realized," he said during the sideline of the 2017 Annual Meeting of New Champions, also known as Summer Davos, in Dalian.

"China's music instrument market is leaving the low-threshold competition, and it's hard for companies without competent technologies to sustain," he said.

"Cooperation with foreign counterparts plays an important role in exploring international markets as local partners and special personnel that better understand local markets will help Alpha easily integrate with foreign markets," said Seven Wang, executive assistant to Alpha's president.