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Commenting that he is looking forward to the upcoming meeting with US President Donald Trump, Xi said China would like to make joint efforts with the US to take each other's interests and concerns into consideration, dissolve disputes and contradictions, and engage in win-win cooperation.

Companies from China and the United Arab Emirates are expected to have closer ties in promoting the application of artificial intelligence, as the two countries have a strong desire to be fast adopters of the emerging technology, analysts and company executives said.

Competition among automakers in the new energy vehicle sector will become more intense as international automakers introduce more competitive models and many new startups launch their products, said Kou Nannan, a senior associate with Bloomberg New Energy Finance's advanced transport sector.

Companies in sectors of 5G technology and the poultry industrial chain mostly gained, and industry prosperity is expected to continue.

Co-sponsored by the US Department of State and the All-China Youth Federation, this forum will bring together 100 entrepreneurs from the US and China. "It will provide an opportunity for young innovators from both countries to share insights and ideas and to further private sector cooperation and communication between our two countries," Chao said.