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"China is becoming one of the largest consumer markets in the world, and this huge consumer market is still opening up. On the one hand, China's tax cuts on imported consumer goods are increasing, on the other hand, China's policy continues to encourage cross-border import e-commerce and other new forms of business," Gao Hongbing, president of AliResearch, said.

"Canceling mining rights is not an aim but only a means to an end. The purpose of such policies is to better allocate resources under market mechanisms, allowing more capable parties to explore and exploit coalbed methane," he said. If the coalbed methane blocks are located in restricted areas, such as those protected for environmental or cultural reasons, the mining rights will be deducted or invalidated.

"China is becoming increasingly an innovation leader, as opposed to just playing the role of catching up with other advanced economies," Fu said.

"By imposing additional tariffs on the Chinese products, the United States is actually damaging the world's industrial chains, and other countries involved will also suffer," said Wang.

"China is so large that it has an almost self-sustaining character to it," said Jurgen von Hollen, president of Universal Robots, a company which specializes in manufacturing collaborative robots.