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"Canada and China enjoy strong economic and people-to-people ties, and the Economic and Financial Strategic Dialogue provided an excellent opportunity to strengthen our cooperation," said Carr.

"By deploying leading technologies and business models with CRC in the polyester value chain, we hope to create a more competitive and sustainable future together," said Yang Xiaoping, BP's president for China.

"But the US dollar remains the wildcard. If and when the greenback strengthens again, the renminbi will come under renewed pressure, reigniting capital outflows. Then we cannot rule out a further clampdown on outflows, in order to safeguard foreign exchange reserves," he said.

"China has just begun the construction of national parks and has much to learn from its international counterparts, especially in the management of outdoor recreational activities," said Dong Erwei, a professor at the university. He is also director of the China International Center for Leisure and Tourism Research.

"China commits itself to opening up wider and deeper to promote common development across the world," he said.