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"China provides a good ground base to experience future tech advances and develop future business models. It's likely they will use China as a testing ground for products before bringing the manufacturing and products to other places," Hsu said.

"Chinese art houses have expanded everywhere. We have more than 40,000 screens in the country. China's film box office is the second largest in the world," Chen said as he presented a sneak peek of his movie The Legend of the Demon Cat. He also discussed his cinematic journey as one of China's fifth-generation directors.

"Clearly, the White House is in complete disarray," she said, adding that Trump was rejecting Federal Reserve warnings that too little support would result in a weak recovery with unnecessary hardship for millions of American households and businesses.

"China's system selects very competent, best people in government," said the minister. "And over 35 years, it has uplifted more than 600 million people out of poverty. No country has done that in history, in 35 years."

"China will not slow its steps in opening itself up. We will work together with other countries to create new drivers of common development through the launching of the Belt and Road Initiative," he said.