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"Coca-Cola is accelerating its journey as a total beverage company," said Curt Ferguson, president of Coca-Cola in China.

"China's long-term trends of moving toward a more consumption-oriented economy of rising services share in the overall economy and technological upgrade should continue as well," global financial services company UBS said in a research note on Monday.

"China stands ready to work with Kiribati at the opportunity of this visit to strengthen pragmatic cooperation and friendly exchanges with Kiribati on the basis of equality and mutual respect, to better benefit the people of both countries," Foreign Ministry spokesman Geng Shuang told reporters at a news conference in Beijing.

"China's asset management industry has great potential, and Winton is excited to participate in the market," said Fred Tian, head of client advisory at Winton China. "We look forward to bringing to bear our international and local experience for the benefit of our Chinese clients."

"Chinese travelers continue to shift their spending toward more meaningful experiences, such as exquisite dining, extraordinary cultural journeys and even adventurous sports," said Hunter Williams, a partner at Oliver Wyman.