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"Financial regulators' tolerance of higher NPL ratios for SME loans will also motivate commercial banks' lending," he added. "The challenge is how to precisely assess SMEs' financial risks and to prevent fraud based on limited information. Utilization of big data and advanced technology such as AI may be the key."

"Guangdong's foreign trade has achieved a very good start thanks to the development of innovation and companies' transformation and upgrading," Ding said.

"For a smart electric vehicle (to succeed) in China, its software, especially its apps and services, needs to meet Chinese customers' demand," Yuan said.

"For example, our recycled pulp, which is a very sustainable and clean product from the Fairmont mill, is subject to 20 percent tariffs, while the wood pulp products that we produce in Maine are subject to 5 percent tariffs," Liu said.

"First, their increasing manpower costs increase their cost of doing business in China. This may at first seem bad for China's competitiveness but, in the longer term, higher wages also mean that companies have a more productive, higher skilled labor pool to hire from," said Yu. "This would allow them to move up the value chain."