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At the meantime, Chinese investment in the US is growing rapidly. According to a report published by the National Committee on United States-China Relations and Rhodium Group, in 2016, Chinese enterprises invested .6 billion in the US, a 200 percent increase from the previous record set in 2015.

At present, China's healthcare industry involves mainly high-end health checkup services, specialty hospitals, aged care and elderly care real estate while in the developed countries, the industry covers mature community medical and health operations which provide business opportunities in pharmaceuticals, medical-related trading, healthy and organic food as well as health insurance, Luo said.

At the special panel themed "GoforChina: Market strategies for Israeli Companies in China," some senior executives of Israel companies shared their experience of cooperating with Chinese companies and investing in China.

At the court hearing, Huang made a final statement and pleaded guilty.

At the summit, the city formed a partnership with the China Electronics Standardization Institute. The two will join hands in compiling the regional standards on joint development between blockchain and IoT industries, the first of its kind in China.