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"China has maintained its growth resilience and gained reform momentum," said John Litwack, World Bank lead economist for China. "The authorities have undertaken a host of policy and regulatory measures aimed at reducing macroeconomic imbalances and limiting financial risks without notable impact on growth," Litwack said, adding that this year has been a "successful" year for the world's second-largest economy "on many fronts".

"China has undertaken the biggest transformation to high-quality urbanization in the world," said Sean Chiao, president of AECOM Asia-Pacific, a Fortune 500 city-planning firm. "The potential for urban development and infrastructure is huge as a developing country."

"China has been very pragmatic. It has been very gradualist and cautious and has not wanted to rip up the existing order. But things are moving much more quickly now and over the next 20 years there will undoubtedly be a new global order of some kind," he said.

"By having an archway in Sunset Park, it becomes a magnet with the gravitational pull that will allow a large number of Chinese visitors, tourists and residents to go deeper into the heart of Brooklyn," Adams said.

"Car-to-car and car-to-infrastructure functions expand the technological base, enabling us to offer autonomous driving in China in the future," said Alexander Pesch, head of automated driving at Audi China.