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"China is a major trading partner for the UK, particularly as it is leaving the European Union, and May's visit will enhance the 'golden era' of our bilateral relations," said Li Guanghui, vice-president of the Chinese Academy of International Trade and Economic Cooperation in Beijing.

"But the US hasn't thought through what their actions might lead to and how it's going to impact adversely on the US," he said. "It is a very short-sighted move, because ultimately you can't prop up inefficient industries forever."

"China could develop the new board's primary market into a national platform, facilitating private equity funds' investment in tech companies, before they go public on the board," Xue said.

"China is a surging power of global innovation. Airbus is embracing the innovative talents and inspiration of China, which are crucial for our win-win cooperation," said George Xu, CEO of Airbus China.

"China has achieved over 60 percent urbanization. The figure will reach 70 percent to 80 percent in the future, and the cities' size will only grow bigger and bigger, presenting challenges in their management and operation," he said.