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"But now with SWIFT GPI, the banks in China can now facilitate those tuition payments stripping out the friction ... making them faster and more information rich."

"Cellphones made by domestic brands are a friendly price and perform excellently," he said. "I know lots of foreigners who use cellphones made in China. The country is an emerging superpower that is surprising the world with its innovation and marvelous power of action."

"China has huge potential in the area since the bioethanol consumption only takes up 2 percent of the total mix in the transportation sector while the figure in the US is 10 and in Brazil it's 30," said Nielsen.

"China is paying a lot of attention to general aviation by increasing the number of airports. The nation is still a young market for helicopters. When the infrastructure is fully developed, the growth rate will be even higher. I'm very confident, and it's just a matter of time," he said.

"But what we should understand is that steel for the automotive manufacturing sector is constantly changing, and the materials used in the car today are not comparable to the steel of a decade ago."