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"China is going through the process from 'made in China' to 'intelligent manufacturing in China', and will finally enter the phase of 'created in China'. During the process, Kuka needs more efforts to increase its localization ratio," said Wen, adding that the localization will focus on R&D, sales, aftersales service and apps.

"China made donations before the COVID-19 outbreak, to collaborate on educational issues, scientific research, etc. Now with the coronavirus pandemic, it has also shown support accordingly," Jiron said.

"China is a very dynamic market," Freda said, "we continue to invest in the vibrant opportunity of our second home market."

"CIIE will bring a very strong exposure to our company by introducing us to high-level government officials, influential trade professionals, including many existing and potential customers, and also hopefully the general public, and this could result in recruiting opportunities for us," said Laurent Castella, head of Market Region Asia, GF Machining Solutions, during a recent media briefing in Shanghai.

"China is already more digitized than many observers appreciate and has the potential to set the world's digital frontier in coming decades," the McKinsey Global Institute said in a report.