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"China has come a long, long way. It's been credited for that," he added.

"China has become a core priority for Ferrero in terms of growth, and we are fully confident in the prospects of China as the world's fastest-growing consumption market. With the acceleration of urbanization and expansion of the middle class, the size of the consumption group and their needs have been continuously increasing," he said.

"CMG is open to share its Port-Park-City model experience, the PPC model, which it gained in the 40 years of development of Shenzhen. Djibouti is our top priority based on mutual trust. I'm confident that the Port-Park-City model will be successful in Djibouti," he said.

"China has numerous patients suffering from chronic diseases and mental illness, and is becoming an aging society. In addition, the public have more spare time and increased salaries," he said, adding that "this is a great transformation opportunity for China."

"China is moving into its science and technology phase, and technological advancement relies on intangible assets such as patents and protecting intellectual property. It is important there are moves in this area," he said.