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"China has always been conducting favorable policies and it will further enhance its appeal to foreign investors, thereby combating the decline in advantages China used to have and the fierce competition for foreign investment from other countries," he said.

"China has continued to deepen reform and opening-up, creating a fairer and better business environment for multinational companies operating in China, prompting us to import more agricultural products and innovative solutions into the country faster," he said.

"China has pumped capital in the developing and Arab countries and has opened its markets for the products of these countries," Gaballa said, adding the Belt and Road Initiative signals the seriousness of China for cooperation in trade, industry and investment.

"China continues to be a key priority for Airbnb. We believe that we will continue to develop strongly in this market."

"But we need to maximize opportunities and minimize challenges by tackling anti-globalization forces to accelerate growth," he added.