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"Chinese companies looking to acquire beyond China's borders focus on winning at home and exporting abroad, which enables them to strengthen their domestic competitive stance while simultaneously positioning for global expansion, especially in other developing markets," Leung said.

"Competent departments and local authorities need to carefully study how to prepare for effective projects. They should make accurate and meticulous calculations and take new measures to ensure that the investment will be cost-effective, and contribute to greater development and better livelihood," Li said.

"China's Belt and Road Initiative expands links between Asia, Africa and Europe and thus reduces imbalances in national development and promotes economic growth," he said.

"China will continue to be the world's factory because nothing else comes even close," said Peter Sand, chief shipping analyst at industry trade body BIMCO, in a story by Wall Street Journal on May 1, citing China's "massive logistics ecosystem" as an indispensable advantage.

"China-CEEC cooperation mainly focuses on trade and infrastructure, and financing is a key to solving the problem of funding for infrastructure projects," Feng said. "Central and Eastern Europe can also be a gateway for China to enter the larger market of the European Union."