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"China continues to be Vietnam's key export market for agricultural products," said Vo Tri Thanh, the former deputy head of Vietnam's Central Institute for Economic Management.

"China is paying a lot of attention to general aviation by increasing the number of airports. The nation is still a young market for helicopters. When the infrastructure is fully developed, the growth rate will be even higher. I'm very confident, and it's just a matter of time," he said.

"China is willing to work with relevant members to jointly safeguard the authority of the multilateral trading system," the official added.

"China is a developing country while the US is a post-industrialized country. A large part of their materials to make consumer goods and industrial products depends on imports," Zhou said, adding that tariffs will only leave the US with two choices—buying from China with a higher cost, or buying from other countries with uncertain quantity and quality.

"China Development Bank has offered real economy funds totaling 16.6 trillion yuan for the past five years," said Chen. "Our non-performing loan ratio was lower than 1 percent for consecutive 49 quarters, showing that we have a world-leading risk control capability."