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"China has to reduce investment in coal-fired power plants while satisfying its increasing need for energy, which could be challenging," she said.

"But today, down clothing brands enjoy prime locations in the top shopping malls in Shanghai and Beijing. What's more, the most surprising thing is that in Shenzhen, a southern city with an average temperature of 23 C, Moncler has a store," said Ye.

"But when seven out of 10 customers who come into our showrooms are new-time buyers, buying an additional car or buying their first car, it is not surprising that in China new products are so fundamentally important," he said.

"China is a large economy with very strong internal consumption power, and we need to focus our expansion in must-win cities with the right store formats and the right assortment."

"China is clearly a country that is going to be investing regionally in the Asia-Pacific, and infrastructure development is something that many countries find very challenging, so it is a very useful and beneficial partnership," she said.