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"Chinese companies should equip their CEOs' with the capability to be visible and be aspirational. They should not only tell a good corporate story on the global stage, but also engage directly and cultivate a trusted employer-employee relationship and such a relationship may in turn, become a part of their big story," said Fan Hong, director of the National Image Research Center of Tsinghua University.

"Credit-based regulation is crucial for the sound working of market institutions," Li said.

"Chinese companies need to join forces in overseas expansion, and beef up their respective advantages. They should keep away from vicious competition," he added, referring specially to a previous irrational investment frenzy.

"China's global role has evolved from a low-cost manufacturer in the late 1990s to the world's growth engine around 2010, and now an unarguably global innovation engine, especially in areas such as high-speed trains, electronics, large passenger jets and nuclear power technologies," he said.

"Companies capable of developing and combining hardware and software in equal measure will shape the future of the automobile," he said. "In this respect, we are quite clearly in the fast lane."