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"China's import duty on US pecans had long been set at 24 percent, but since 2015, China agreed to reduce the tariffs twice - and now the rate is only 7 percent," said Matthew Bailey, a pecan grower in Georgia.

"Chinese education market is huge and is developing at a rapid speed. A group of education companies hope to advance education through technology and strengthen communication with foreign enterprises and institutions," said Chen Dinghong, chief advisor of TAL overseas.

"Consumption must be the ballast of the Chinese economy, because it is one of the strongest engines for China's economic development. Shopping malls are one of the most direct places for consumption. Therefore, I am extremely positive about our future," said Ding.

"Chinese companies are applying 5G technologies to sectors such as manufacturing, healthcare, media, and transportation, despite the fallout of the COVID-19 outbreak," Wen said.

"Considering China's domestic situation, which is at a different stage of the economic cycle compared with the US, China now should not tighten (the monetary policy), but may moderately ease under some circumstances," said Yu Yongding, director of the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, who served on the Monetary Policy Committee of the People's Bank of China from 2004 to 2006.