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"China has achieved better-than-expected trade growth against downward pressure so far," said Li Xingqian, director of the Ministry of Commerce's foreign trade department. Li expected China's total trade volume to be around 30 trillion yuan (.26 trillion) for the whole year.

"China is a large market full of opportunities for us to expand. It has a unique marketing environment and customer behavior for us to adapt our strategy to fit the market better," said Booking in a written reply to China Daily.

"China has always been a strategic market for CNH Industrial both for its size, as well as the potential for future growth…We will keep introducing the latest technologies and products that are customized to meet the demands of Chinese customers and provide them with the best in class service to maximize their productivity and efficiency," said Stefano Pampalone, president for Asia, Middle East, and Africa at CNH Industrial.

"China and the US share several common interests. Economic and trade cooperation is important for the development of both countries, and so promoting pragmatic cooperation will benefit both the Chinese and American people," said Wang Weizhong, Shenzhen Party secretary.

"China is leading the world in terms of new and fast-growing tech companies and that's exciting," he said. "The amount of capital being invested into startups is unprecedented and there's no indication that's going to change anytime soon.