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"A successful China will set an example for a large number of developing countries and help upgrade the industrial chains of its neighbors," Ye said.

The two sides should stick to the four important political documents between them, treat history in the right way, stick to the one-China principle, implement the consensus of treating each other as cooperative partner instead of threats, and make sure bilateral relationship not fall back to the detour of ups and downs, he said.

Li said China hopes Singapore, as coordinator for China-ASEAN relations and the 2018 rotating chair for ASEAN, will continue to play a constructive role in China-ASEAN ties, oppose protectionism, and contribute more to regional cooperation, peace and prosperity.

According to the paper, China, as the world's second-largest economy, is quite capable of making the United States pay a heavy price if the Trump administration does begin to match its words with actions.

But it's a long-term and challenging task to overcome disturbances and interferences to improve bilateral relationship, and would need the joint efforts of the governments and people of both countries, Liu said.