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"China has an ambition in developing its civil aviation industry. Rolls-Royce wants to be part of that ambition and growth," Stein said in Beijing on Friday.

"China expressed thanks to the Japanese side for their rescue efforts," he said.

"China being the factory to the world holds a great value right now" as "China's opening up gets faster," he said.

"China has entered into a new era, and I'd like to say, in the new era, there is something continuous from the past: China will continue to deepen the reform, and the reform will always be on the road," he said.

"China is undergoing an economic transformation and upgrading at present. Therefore, the development of high-end manufacturing and smart equipment has become a buzzword. But as a matter of fact, traditional industries, which are closely related to people's daily lives, should also undergo upgrading and there will be room for their development," he said.