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"Compared with petrochemical and coal-chemical, it is cleaner and more efficient and signifies our industrial transformation," Xu said.

"Currently, when foreign investors enter Chinese market, they will find out that the hedging tools, financial derivatives and other financial products still need to further develop. The key task this year is to provide sufficient financial hedging instruments to let investors effectively manage risks," Yi said at the forum.

"China's tighter regulations provide tremendous opportunities for us, and we are well positioned to introduce our expertise and technologies to provide innovative solutions to meet stringent environmental standards in China," said Thomas Stanley, chief technology officer of Suez-Water Technologies& Solutions.

"Chinese companies are attaching more importance to enhancing the competitiveness of their products by increasing their efforts in technology research and development," said Xu.

"China's Belt and Road Initiative expands links between Asia, Africa and Europe and thus reduces imbalances in national development and promotes economic growth," he said.