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"China resolutely opposes the US using unilateralism and protectionist policies to damage the interests of China and other nations," he said. "China hopes the US will stop the erroneous actions and solve issues through fair and equal negotiations."

"China's music instrument market is leaving the low-threshold competition, and it's hard for companies without competent technologies to sustain," he said.

"Currently, most of their revenues are from the domestic market," Dai said. "Douyin and Kuaishou have gained popularity in Japan and Southeast Asia, respectively. We expect those Chinese short video apps will see more downloads and revenues generated from overseas markets."

"Compared with the United States, auto financing in China is still relatively underdeveloped," said Winston Xue, general manager of financial services at J.D. Power China.

"Companies all applaud such regulations, which save time and costs. The entire medical device industry in the Suzhou FTZ Area will thus be boosted," Sun said.