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"Chinese companies are very active in developing AI technology and application. They have achieved phenomenal progress in a very short span of time. Their contribution to AI will be tremendous," he said.

"Chinese investments, like the one done in Vado Ligure, are necessary; if we want to develop a certain area, we need to welcome these investments. We can't stop progress," said Giancarlo Vinacci, deputy mayor of nearby port city Genoa which boasts Italy's busiest port.

"Chint has been actively integrating and promoting productivity in foreign countries, including the construction of its logistics centers, which deepens its overseas channel," said Tang Xuewen, an analyst from Shanghai-based Everbright Securities, in a report.

"Cultural products that illustrate Beijing's culture and the charm of the Chinese culture can be seen in details at the exhibition," he said, adding the event will help the Egyptians to get a closer look at the Chinese capital.

"China's economic fundamentals recovered in March, with domestic and external demand as well as manufacturing employment improving," said Zhong Zhengsheng, director of macroeconomic analysis at CEBM Group, a subsidiary of Beijing-based media group Caixin.