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"China's poverty alleviation campaign is one of the most remarkable stories of modern times in the broadest sense, not just for poverty alleviation itself, but also in terms of the advancement of human civilization. The story really needs to be appreciated more, certainly in the West, but also in China," Kuhn said.

"China's economy is very positive in general. The dividends from reform are huge and yet to be fully realized," he said during the sideline of the 2017 Annual Meeting of New Champions, also known as Summer Davos, in Dalian.

"Chinese courts are moving forward in deepening personnel management reforms and building a more elite team of judges to respond to people's high expectations of fairness and justice," he said.

"Conflicts usually won't last long. … We have different systems, values, cultures, but one thing is that we all live economic lives－that is the thing that ties us together and that is why trade can tie us all together," said Goh.

"Climate change, inadequate governance, insufficient access to technology and an increasing concentration of people living in disaster-prone areas have created a situation that is driving disaster risk upwards, especially in poor and fragile countries," she said. "This poses a critical threat to achieving the United Nations 2030 Agenda and the 17 Sustainable Development Goals."