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Business leaders from both China and the US believe that healthy and stable China-US economic and trade ties are in the fundamental interests of the two countries and the world.

Burchett stepped into the global CEO role in 2015 after serving as president of the Americas for Reed Exhibitions for nearly 11 years. He oversaw the company's expansion to Brazil and Mexico, the launch of Reed's Pop Culture Group, implementation of a dynamic, value-led pricing model, and the creation of a cross-border collaboration program.

But Amazon does lack in a couple areas. First is the issue that shoppers can’t try on clothes to see how they fit before purchasing them. Shoppers?also said Amazon’s fashion offerings?are difficult to browse and not well customized for each customer.

British pharmaceutical giant GlaxoSmithKline's CEO Emma Walmsley said that not only is the government's effort in improving the business environment crucial, but companies' understanding and involvement in the local market is also indispensable. Companies should meet the demand of local customers, and they should support the growth of local industries, she said. That win-win situation will lay the groundwork for a better business environment, she said at the parallel session.

British multinational oil and gas giant BP also applauded the move.