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Xi is the chief architect of the major-country diplomacy concept and has been personally involved in planning and conducting head-of-state diplomacy.

Meanwhile, Business Roundtable, an association of chief executive officers of America's leading companies, said it strongly disagrees with the tariffs because it will hurt the U.S. economy and American companies, workers and consumers and would lead to foreign retaliation against U.S. exporters.

China is Thyssenkrupp's largest market in Asia and the company has invested a total of 15 billion yuan in the country.

At the beginning of March, China is entering its annual political high season. As the country's top legislature and advisory body gear up for their annual sessions to set the national agenda for the year and beyond, analysts expect the "shared future" concept to be a major theme during this year's meetings.

"This is why we estimate that the opportunities for investment here are endless," he stressed.