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"China's new Foreign Investment Law, which has just been (approved), will greatly reassure European investors of the commitment of the Chinese government to further protect foreign investments in China," he said.

"China, of course, is the world's second-largest economy, but to be a superpower and to get respect from other countries and regions, you have to have your own brand and reputation and then communicate it to the international community," he said.

"Compulsory technology transfers are explicitly banned, while we encourage the exchanges of knowledge and technology," he said, ruling out that China forces foreign companies to transfer their technology when considering investments in China.

"China's pet food market has seen more and more products in recent years to cope with the rising demand of middle-class pet owners," said Li.

"China's unprecedented economic growth over the past 40 years is a testament to the importance of an economy embracing global business and international markets. Over the past half century, China has transitioned from a closed, agriculture-based economy to one that is vibrant and deeply connected across virtually every sector in the world," she said.