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Before flying to Hanoi, Xi concluded a busy two-day stay in Vietnam's central city of Da Nang, where he attended the 25th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting.

Because of policy changes on both sides, Sant said a lot of Chinese companies invested in the US are concerned. "They are worried about 'is the US still friendly to us', so there is some pull back from Chinese investment in the US," he said. "Meanwhile, I think some US companies are concerned about investing in China because they feel maybe people are angry about the trade war and they won't be as friendly toward US products.

Beijing-based wholly foreign-owned travel agencies are expected to dip their toes in the outbound tourism market, as the capital city has forwarded request for approval, Beijing Business Today reported on Monday.

Beijing plans to further promote one-day tours, improve the 144-hour visa-free entry policy, and offer tax refunds to attract more foreign visitors, the Beijing Municipal Commission of Tourism Development said last year.

Beijing is sincere in its pursuit of developing friendly China-India ties, but also unswerving in its determination to uphold its sovereign rights and interests, Lu said at a daily news conference in Beijing.