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"Growth in China helps to fuel growth here in the United States and that is why it's been very encouraging to see the important steps that China has taken to open up its market to global investors," he said.

"Fortunately, we saw the cancellation notice. Otherwise, we might not have been able to go today," she said.

"Foreign investors are also gradually quitting labor-intensive industries and shifting to services and technology-intensive industries in China," he said.

"Hasbro will have no choice but to pass along the increased costs to our US customers," said Brian Goldner, CEO of toy company Hasbro. He said the Pawtucket, Rhode Islandbased company, the maker of popular products such as Monopoly and GI Joe, was working to reduce its reliance on manufacturers in China, but he also said it has built up extra inventory, incurring additional storage costs, as it braces for tariffs.

"For companies, fulfilling social responsibilities is not only for fair social development but also for a growth that is sustainable and is of high quality," Ma Teng, deputy head of QQ.com, the major news subsidiary of Tencent Holdings, said.