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"From a long-term perspective, population determines economic growth. Even though it will take a certain amount of time, the number of consumers will determine the potential of economic development in both developed and developing economies," he said.

"For Michelin, we can demonstrate rich offerings beyond tires. Of course, we will find new business opportunities and potential business partners through the expo," Vossoughi said.

"Governments around the world should give more policy support to 5G, including investment in network construction, and China has done very well in this aspect," Chen said.

"Giant stars who can bring in a high box office revenue or a high rating are still rare in China, but the market is huge. So it has led production companies or broadcasters to contend for them with high prices," the source said.

"For American farmers this isn't theoretical anymore, it's downright scary. It's no longer a negotiating tactic, it's a tax on their livelihoods," Brian Kuehl, executive director of Farmers for Free Trade, said in a statement on Friday.