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In addition, the "China card" has been repeatedly played by U.S. politicians during presidential elections. As the U.S. midterm election draws near, they seem to play this card again by constantly accusing China of various "wrongdoings" to woo potential voters.

"China has not only fulfilled its WTO entry commitments, but also pushed itself to go much further in the scope and depth of opening up," said Song Hong, a researcher with the Chinese Academy of Social Sciences.

Juncker said that the EU believes multilateralism is the way forward. The EU expects to promote multilateralism and free trade together with China during the upcoming 20th EU-China summit. The two sides will also enhance communication and collaboration in such fields as BIT talks, climate change and aviation.

While short-term effects might be mild, the impact of U.S. tariffs on China's trade may be gradually revealed as time passes and more tariffs on Chinese goods threatened by the United States take effect, it noted.

The company exports its products to over 20 countries in West Asia and North Africa, including Saudi Arabia, Iraq, Kuwait, the United Arab Emirates and Egypt. In 2017, company sales hit nearly 160 million yuan (24 million U.S. dollars).