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Shen Fei, associate professor with the Shanghai-based China Executive Leadership Academy Pudong (CELAP), said the CPC has gradually formed a fine tradition of carrying out timely centralized education within the Party since as early as the Rectification Movement in Yan'an, northwest China's Shaanxi Province, in the 1940s.

"China does not deliberately pursue a trade surplus, and is willing to resolve trade differences between countries through negotiation on the basis of mutual respect, equality and mutual benefit," Li said, stressing that China upholds to protect each other's interests and in the meantime to demonstrate the principle of non-discrimination under the premise of international trade rules, and advocates to conduct overall considerations and balance all parties' concerns.

"I believe we will find a resolution to this," said Kerry Stackpole, CEO and executive director of Plumbing Manufacturers International, who testified against tariff hikes, while stressing long-time economic ties between the United States and China.

The story is extremely strong in China and "it makes it super investable," said Gill.

China is committed to working with other countries to safeguard maritime security, said Zhou, adding that China's consultations, dialogues and cooperation with other countries have played a positive role in promoting maritime security and avoiding maritime incidents and conflicts.