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"China has over 90 percent of the world's sea buckthorns, while 70 percent is produced in Shanxi. Just in Kelan county, there are about 32,667 hectares of sea buckthorns. We hope to fully leverage the regional resources," Zhang said.

"China has become the biggest trading partner and overseas investment market for South Korea, while South Korea is the fourth-biggest trading partner with China," said Ning Jizhe, vice-chairman of the National Development and Reform Commission. "In the first five months, the trading volume between the two economies has topped 808.8 billion yuan (2 billion), up 9.2 percent year-on-year."

"Caixin PMI readings in January showed that the Chinese economy had a good start to 2018," Zhong Zhengsheng, director of macroeconomic analysis at CEBM Group, said.

"By further reducing the burden of manufacturing enterprises, it will help promote the investment and development of the sector, and thus form a benign cycle. Tax cuts and fee reduction are an important measure to help lower the costs and they will help manufacturing companies to raise their product qualities," said Liu Xiangdong, an associate researcher at the economic research department of the China Center for International Economic Exchanges.

"Chengdu is becoming a national center city in China; national center city means you have to have international exposures," said Jeannie Yip, director of the experience center and president of CGGroup Management Consulting on Wall Street.