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"China is wise to continue its opening up ... And the world has benefited greatly from China's opening up," said William Jones, Washington bureau chief of the US publication Executive Intelligence Review.

"By April, AliExpress has attracted over 100 million international buyers since its debut in 2010. The Belt and Road Initiative has fueled additional momentum for the company, with buyer numbers doubling in the past 18 months," said Shen Difan, its general manager.

"China and US trade cooperation is essential for bilateral relations and hence mutually beneficial. We hope the two countries will continue on a path of cooperation considering China and the US are now each other's major trading partner," he said.

"China has carried out major reforms on adjusting economic imbalances, such as taking corporate deleveraging as a primary task, which will ensure a more healthy and sustainable economic development from a mid - and long-term perspective. The country also ramped up efforts to open up further and shortened its negative list for foreign investors," said Wu Yibing, head of China affairs at Temasek.

"But the price of the imported hirudin is between 20 and 30 times more than the domestic ones," he said.