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"Chinese investors have the ability to add value to our economy, create more jobs and boost our export value. They are certainly welcome," he said addressing hundreds of Chinese investors exhibiting in the event.

"Chinese tourists are now the top two in terms of foreign tourist arrivals in Mindanao." And he said their numbers are expected to increase with the opening of these direct connections to key cities in Mindanao, in addition to existing flights of Philippine carrier Cebu Pacific.

"Chinese regulators have allowed multiple securities, asset management, insurance, and other financial firms from the United States, Europe, and Japan to convert existing minority positions in joint ventures with Chinese partners to majority foreign-owned firms and have licensed a number of new wholly foreign-owned financial firms," Lardy noted in an analysis.

"Continental is a technological leader in the field of electric mobility", said Rudolf Stark, a senior executive at the company's powertrain division.

"Currently, we generate about 70 percent of our revenue from the security sector and the rest from the big data industry," Yao said.