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"GM's unit in Turin, Italy, which has been specializing in diesel power, has shown great interest in our engine, and it wants to obtain our license to produce the engines in the United States," said Jin Pu, chief technology officer of Techrules, in a recent interview with China Daily.

"From the perspective of global competition, China needs an international financial center that has its say worldwide. Unilateral trade and trade protectionism will not last long since the multipolarization of the world economy is now irreversible," he added.

"For years, the United States has been seen as the impeccable frontrunner for a big bang coming in the healthcare sector, in terms of money invested in digital healthcare, as well as the number of groundbreaking startups," said Sigal Atzmon, president of Medix Group, an international company that offers medical case management.

"For a foreign bank in China, borrowing medium to long-term funds from its parent bank will improve its liquidity. This may help the bank's asset side business but the money borrowed is in US dollars, which is on the rise, whereas the loans granted are in renminbi, so the return may not be as direct," Xie said.

"Globalization and China's own policies have been highly complementary and mutually beneficial. We need to recognize this to fully understand China's commitment to globalization and the new round of the reform and opening up today," he said.