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"China is a very important market for Saint-Gobain. It currently represents 4 to 5 percent of Saint-Gobain's global sales, which is still a small percentage compared to the importance of the Chinese economy in the world," said Javier Gimeno, chief executive officer of the company's Asia-Pacific operations.

"Capital is needed to fuel China's industrial upgrade push and boost the development of the robotics sector," Ren said. "We are industrial investors. We will take advantage of Siasun's leading position in the industry, and offer startups help in resources such as brand, technology, capital and industrial bases.

"China is the No 1 growth market in the world, and they have been clear about their intended leadership in bringing hybrid and electric vehicles to market," said Don Walker, Magna CEO.

"By serving such tech giants, Chinese chip companies have an unprecedented opportunity to grow into global players," Huang said, adding that the country now consumes more than half of the world's semiconductors.

"China is such a significant economic player, and the Belt and Road Initiative could be globally transformational," Lehr said.