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"China already is seeing a batch of world-class companies arise on the horizon," said Wang.

"But today the tables are turned. The best domestic banks in China actually have better capabilities and more skills than the international banks in their consumer banking units here in China. So we are going back and learning from the domestic banks about how they evolve their business models here, how they partner with some of the most advanced fintech companies in China, and how they are redesigning customer experiences and customer journeys through their mobile and online platforms," he said.

"China now is our No. 2 market for international tourism, we also share world heritage cultural distinctions," Kenney said, adding that this January, representatives from the Philadelphia department of commerce visited China and discussed more opportunities for collaboration.

"China has never succumbed to external pressure," he said, adding that the China-US economic relations are mutually beneficial and win-win, so it is in the interests of both countries and the world to maintain "healthy and stable economic relations."

"China is a dynamic impetus to the global civil aviation market with surging air passengers and more airports. It is forecast to become the world's largest aviation market by the mid-2020s," according to a report by the International Air Transport Association.