"Making life difficult for companies with established positions is what we want to do."

Jack Ma, CEO of Alibaba Group Holding Ltd, saying the company will step up efforts to grow market share in the online search market. Alibaba, China's biggest electronic-commerce company, started its eTao search engine last year to take on Baidu, which accounts for over 80 percent of China's search-engine traffic.

"Some developed nations have tried to block Chinese investment citing national security. This does not help the efforts to combat the global financial crisis."

Chen Deming, minister of commerce, saying that China's overseas direct investment has created huge benefits for both China and other nations. He was speaking at the International Investment Forum 2011 in Xiamen, Fujian.

"Next year will be a critical period for China's trade, as the ongoing debt crises in the European Union and the United States reduce their demand while yuan appreciation and ever-increasing trade protectionism hit

China's exports."

Wei Jianguo, secretary-general of the China Center for International Economic Exchange, saying a rapid appreciation of the renminbi will chill the country's exports next year, especially when the global economy is expected to slow down.