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Despite the rising protectionism in major economies, China will champion "a community with a shared future for humanity," and further promote globalization, according to Wei Jianguo, vice-president of the China Center for International Economic Exchanges.

Disney also announced Friday that it will debut its new live-action feature film "Artemis Fowl" exclusively on its Disney+ streaming service, adding that the release date of the Kenneth Branagh-directed film will be announced soon.

Despite their overseas forays, China's gold enterprises are still focused on mines in China and the proportion of overseas assets is still low compared with that of global players, Chen said.

Disputes relating to digital currencies, futures or the equity market have been emerging in cyberspace. "Improper transactions of such currencies may easily bring financial or legal risks, such as fraud," he added. "So, legislation in this industry must not be introduced too quickly. We need more time to study it," he added.

Dollar said if the Trump administration wants to cut the trade deficit, it could do it easily. "They have to raise taxes, not cut taxes," he said of the US tax cut that began effective this year, a move that economists believe will make trade deficit worse by stimulating US imports.