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Cuomo said at a briefing on March 27 that he was trying to obtain 30,000 ventilators for when the disease hits its apex in the state in mid-April, as health experts have predicted.

Currently, Chinese venture capitalists including Hillhouse Capital, Shunwei Capital, Morningside Venture Capital and Fosun Kinzon Capital are actively investing in Indian companies in sectors like retail, social media, and the internet of things. Chinese corporate icons such as Alibaba Group, Tencent Holdings and Xiaomi Corp are also vying for slices of the Indian tech pie.

Cryptocoins and blockchain technology are also increasingly discussed as potential game changers to the cross-border payments market, and those discussions are gaining in intensity with the prospect of the Libra cryptocurrency's launch announced in June.

Cui's counterpart, US ambassador to China, Terry Branstad, also addressed the gala through a letter, saying, "Now is the perfect time to bring your business, your jobs and your investments to the United States."

Cybersecurity is a global challenge and requires international cooperation, Gao said.