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"Companies need to focus on refined operations as well as seeking new ways to turn profitable. They should try to reduce the cost, improve the efficiency, improve the service offerings and provide better user experiences."

"Cutting fees is just as important as cutting taxes. But because there is a lot of flexibility with fees, some companies may work on finding loopholes to help them avoid paying. Yet by doing so they are also paying the cost of taking a risk," he said.

"China, President Xi, has been very strong in helping us to solve this problem," Trump said. "I have a very excellent, as you know, relationship with President Xi. And I think that relationship is very important as to what's happening with North Korea."

"Companies need to explain one thing: 'What distinctive value can we create for customers?' If the question cannot be answered clearly, the development cannot be sustainable," said Xu Lianzheng, co-president of Kmind.

"China's own great changes and its perception of the future are very important. If we look at it in a more profound sense, China is the future," he said.