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"Chinese companies have become very active investors in US startups in recent years," Xiang said. "Meanwhile, China's tech products and services, such as Huawei's smartphones, are of good quality. It is different from trade behavior such as dumping uncompetitive products. Such restrictions lessen consumers' choices when purchasing goods."

"Cross-border yuan settlements will not only lower the risks from currency rate fluctuations, but also lower exchange costs for various currencies and improve trading efficiency," said Wang.

"Considering the fact that the global economy is still in a sluggish recovery mode and trade protectionism is on the rise across the world, it is imperative for Asian countries to develop its own new growth engine. Closer and stronger economic ties between ASEAN and CJK countries cannot be fully reached without better people-to-people exchange. During this process, media exchange is undoubtedly one of the significant factors influencing mutual understanding and trust because media is still playing as the main source of information of other countries. Communication is the most important and effective means to harmonize or reconcile existing gaps and building trust among different perspectives," said Lee Jong-hein, secretary general of Trilateral Cooperation Secretariat.

"Consumers buy things at lower prices, but they may not use them," said Zhang Lu, an intern of Xiamen Construction and Development Corporation. "It's hard to say whether they save money or not."

"China's cruise transportation market has witnessed a robust growth since 2006, currently becoming the world's second largest tourist source market," Yi said at a news conference in Ningbo, Zhejiang province, on Wednesday, ahead of Thursday's Maritime Day of China.