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"China has achieved an amazing success in improving its business environment over the last two years. And we are hopeful that this reform momentum will continue," he said.

"China has multiple landforms including plateaus, mountainous regions and plains, so the helicopter must be able to operate in every landform. Foreign helicopters have not met our needs, especially those in plateaus and mountains," he said.

"China has had a good comeback," Bernard Arnault, LVMH's billionaire chairman and chief executive, told a news conference on Thursday, adding other regions including the United States also performed strongly. "These global business trends are continuing into this year," he said.

"China is a huge market with unparalleled potential. China's consumption will top the world this year or next year, and China's GDP will also exceed the US by the end of the next decade. However, China's real estate transaction only accounts for about 1/20 of the US, posing great growth potential."

"China is one of the most, if not the most, important markets for us. Even though cognac only accounts for a tiny fraction of the market here, the penetration rate is the highest," he said.