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"China's income growth remains at the same level of mid-income countries and it still has a lot of potential to develop," he told another forum held by the Institute of Economics of the CASS on Friday.

"Currently Huawei lacks the ability to challenge Apple and Samsung in the high-end smartphone market and the focus on low and middle-end market has become one of the firm's key strategies in 2018 to maintain growth."

"China-Indonesia cooperation is always a big topic in China. Fujian province, which you just visited, is a very big part of the Maritime Silk Road project… with more opportunities for cooperation between the province and Indonesia," he said.

"China's beverage market is diversified with a wide range of products. Tea is a relatively large market in China, accounting for about 14 percent to 15 percent of the market share, while soda water was 13 percent. We will strive for a dominant position or a front ranking in soda water, tea, coffee, energy drinks and other categories in the future," So said.

"China's GDP growth in the first quarter of 2017 was 6.9 percent, and our growth in the first quarter was 37 percent," said Zetsche. "None of these numbers make me pessimistic."