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"China does not want to see escalating Sino-US economic and trade friction, but is prepared for all possible scenarios," Gao said.

"China has an immense goods trade surplus with the US, but the country's huge trade deficit in services reminds one of the comparative advantages of each country in terms of the manufacturing and service sectors, and demonstrates the complementary traits of their differing economic structures," Long said.

"China has become a strong growth driver for Shiseido and continued to be our largest overseas market for a third consecutive year," Hase explained.

"By pooling the wisdom of designers from home and abroad, we want to make Dunhuang's creative products more fashionable and reflective of the latest trends," said Liu Mengxing, a vice general manager of a local company.

"China is working to improve flexibility of the renminbi exchange rate while maintaining the rate at a stable equilibrium. And we have successfully avoided competitive depreciation against other major currencies," he said.