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"China has a track record of 'underpromising and overperforming' on its climate pledges, but the fact that this pledge was made by President Xi Jinping himself sends a strong signal to everybody in China that climate is a top priority and to the rest of the world," Finamore told participants in the event, organized by the US Heartland China Association, on Wednesday.

"China Eastern will gradually create a complete air network to connect all the major countries and regions related to the (Belt and Road) Initiative in the future," said Liu Shaoyong, chairman of China Eastern Airlines.

"China not only has a competitive edge in the production of light industrial goods or textiles but also is almost on a par with the developed economies in terms of manufacturing of high-tech products and major equipment," said Wei Jigang, a researcher with the Development Research Center of the State Council, China's Cabinet.

"China is driving developments in battery technology. It has driven the developments in solar PV. In a whole load of ways it is getting on with things that are going to be central to the future technology of the world. They put together private entrepreneurship, a high savings rate, a state that is willing to invest in infrastructure," he explained.

"China is the only country apart from the United States that can provide a stable social and economic environment for large capital and attractive returns. It will continue to be a country that global capital will look highly upon and beef up their presence there," said Jay Chen, managing partner of CVCapital, an emerging investment bank.