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"Changing Venezuela's representative will not help to resolve the Venezuela issue," Geng said, adding that it has disrupted the atmosphere of the annual meeting and its preparation.

"China is more aggressive than anybody in developing smart cities. We see the three main drivers in the ecosystem, which are intellectual capital, emotional capital and financial capital," said Dana Magenau, managing director of UC Berkeley executive education.

"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 committed to promoting the financial sector's opening-up, including lifting the equity cap for foreign financial institutions and providing a level playing field for domestic and foreign financial institutions," Yi said.

"But, certainly, we see the tremendous amount of opportunity and growth on a long-term basis. So, it would not deter us from our investment here in China."