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"I think the most visible thing (in the near future) is Chinese investment in British infrastructure, such as nuclear power station, high speed rail system, and property markets," said Gerry Grimstone, chairman of insurance group Standard Life plc.

The two-day meeting, with a full name of "China-U.S. Climate-Smart/Low Carbon Cities Summit," was the first of its kind at the provincial and city level between the two countries.

"I expect President Xi's visit will strengthen the relationships still further between Britain and China at the political level, at the economic level and at the people-to-people level," Blair told Xinhua in a recent interview.

As we endeavor to grow China-US relations, we may draw inspiration from the countless stories of Chinese and Americans working together hand-in-hand, from the journey that China-US relations have traveled and more generally, from the overall trend of history. Our goal is to ensure sound and steady growth of China-US relations and deliver more tangible results in the building of a new model of major country relations.

While national strategies such as the coordinated development of the Beijing-Tianjin-Hebei region, the Belt and Road Initiative and the Yangtze River Economic Belt, will go some way to support economic transformation, according to Zhou.