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Describing BRI as a "very good concept and idea", Nakao said the initiative has enhanced the connectivity of infrastructure and trade in this region and beyond.

Delegates from China and other countries hold business discussions at this year's Texworld USA, an international textile exhibition, in New York, in July. [Photo / Xinhua]

Despite the market size and the rising domestic demand, there is no clear leader in the Chinese corporate travel industry. Over the past three years, the top five industry leaders only took up 17.5 percent of the total market share, while the number is over 50 percent in mature markets, said Fang Jiqin, chief executive officer of Ctrip Corporate Travel.

Despite the caution, there are good signs, too. The Ministry of Agriculture and Rural Affairs said favorable government policies and market conditions have boosted some farmers' confidence in restoring production.

Democrats deny that Republicans are being treated unfairly, noting they have had equal time to question witnesses and full access to the meetings. Schiff says closed-door hearings are necessary to prevent witnesses from concealing the truth and has promised to release the transcripts when it will not affect the investigation.