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"China is one of the world's most exciting and dynamic markets, it became our largest market last year," said Randy Tinseth, vice-president of commercial marketing at Boeing.

"China and the US should of course avoid recriminations and aim for cooperation," Sachs said. "This is the only safe and rational way out of the current crisis."

"But the government is able to cope with the challenge of revenue loss by reducing unnecessary spending," Shi added.

"China has signed 103 cooperation documents with 88 countries and international organizations on jointly constructing the Belt and Road Initiative during the past year. 255 of the agreements reached during last year's forum are under progress with 24 of them progressing steadily," said Meng.

"China is probably more advanced in this capability than any other markets. But these opportunities are starting to grow in other markets. So by engaging here in China and learning how to do it here, we are going to export the learning to other markets so that we can be among the first in those markets," he said.