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Enterprises should push ahead with structural reforms to upgrade their business and enhance competitiveness based on technology, quality, service and brand, Wang added.

"Supply-side reform is mainly two things, one is to improve the Chinese companies' productivity and the other is to win the competition in a global market," said Zhao at a Chinese executive training program held at Rutgers Business School on Tuesday.

"The scale of cooperation and exchange should be increased," Li said.

Closer cooperation with China on copper smelting, chemical industry, transportation infrastructure, trade on agricultural products, tourism and education should be promoted, Sargsyan added.

"The more complicated cross-Strait ties become, the more we need to deepen people-to-people exchanges," Yu said, proposing more activities for people from both sides. With continued efforts, Yu believes that cross-Strait people-to-people exchanges will become the "anchor" to ensure peaceful development of ties, as well as the "sails" to drive compatriots across the Strait into a better future.