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"For those of us who have visited China, we have witnessed the economic development in the country. I thus challenge our youth to take advantage of the opportunities provided by BRI and learn how China managed to develop from a poor country to a superpower, and replicate the same in our country," he said.

"For America today, to find a region (where) its biggest output is manufacturing is unusual because of the transition away from manufacturing in the United States," said Don Cunningham, president and chief executive officer of the Lehigh Valley Economic Development Corporation (LVEDC), which worked to bring Fuling to Allentown.

"For instance, within one year of its rollout in 2009, the ChiNext board recorded gains together with older boards in the A-share market. A similar story happened in the United States when the Nasdaq debuted in 1971," Xue said.

"Germany takes the lead in terms of the development of smart factories, industrial standards and talents training. Deepened cooperation between the Chinese and German companies in these aspects should be encouraged," said Wu.

"First, there would be no winners from a global trade war. Even if the aggregate costs are modest and skewed toward more open economies, all countries would ultimately be worse off compared to the status quo," noted Neil Shearing, group chief economist at Capital Economics.