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"China's Belt and Road Initiative will be a focus for discussion again this year, as the initiative is China's solution and wisdom for embracing globalization and to generate new growth opportunities for the global economy," Xu said.

"China's automotive industry has basically returned to normal," said Chen Shihua, a deputy secretary-general of the organization.

"China's closer trade ties with European economies like France and Germany surely can offset the worsening situation if Trump's administration continues to insist on neglecting many US companies' interests in China's massive markets."

"China's definition of a successful 5G might include having at least one-third of the world's 5G base stations within five years of license issue, and having at least half of the world's 5G users within five years," he said.

"Convenience store operators' large scale in the country has provided investors returns," said Pei Liang, secretary general of the China Chain Store & Franchise Association. "The new momentum coming from internet giants' involvement has intensified competition and altered the layout of the sector."