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"China's private investment has picked up after a slew of measures have taken effect," said Han Zhifeng, deputy head of the NDRC's investment department.

"China supports the DPRK in developing its economy and improving its people's livelihood, and supports Chairman Kim in leading the Party and the people of DPRK to take a development path suitable to its own national situation," Xi said.

"China's further opening-up will bring more development opportunities to multinational companies. Our development will be more diversified," he added.

"Chinese consumers are increasingly pursuing snack foods that are healthy, high-quality and safe, triggered by the constant consumption upgrade trend in the country. In the next few years, higher-end snack food will account for a larger market share, and raise the average price of the sector," said Neil Wang, president of consultancy Frost and Sullivan.

"Chinese fintech companies can also increase their international presence in the sector, and seek more cooperation opportunities by setting up branches in central and east European countries. However, risk management may still prove to be a major challenge," said Wang.