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As China has mature manufacturing foundations, the country doesn't need to rely on machinery and parts import from the US. Germany, Sweden, France, Japan and South Korea can meet the country's demand for various industrial parts and equipment, he said.

Apple's flagship store on Tmall, an e-commerce website of Alibaba Group Holding Ltd, said sales of iPhone X on Friday afternoon exceeded the first-day sales of iPhone 7 series within 50 minutes of it becoming available for pre-ordering.

As Chinese fledgling startups expand globally, WeWork could contribute to their expansion and success, he said.

Architects from both countries are now working together to better integrate their building codes and to reach a consensus on designs for residential housing, public works, factories and warehouses. It will be much easier for the designs to obtain regulatory approval in Belarus, said Su Lei, CEO of the joint Chinese-Belarusian design institute.

As Japan-based electronics firm Omron shut down its Suzhou plant in July, the company, on the other hand, expanded its investment of 1 billion yen (.84 million) in Shanghai. The newspaper said Omron showed its confidence in China as the move was taken to improve its investment structure in Chinese market amid local competition and increasing labor cost.