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As anti-globalization and protectionism spread, Li Guanghui, vice-president of the Chinese Academy of International Trade and Economic Cooperation in Beijing, said all parties should jointly support the multilateral trading system and maintain the authority and effectiveness of the WTO rules.

As a career civil servant and diplomat who spent years at the heart of government, and who was also president of the China Britain Business Council and vice-chairman of the advisory board to the Fudan University Business School, Powell has developed a great understanding of China, in contrast to his school days, when he said "China didn't feature much, if at all, in the history books 60 years ago ... it featured scandalously little, a black hole in our education."

As an important neighbor, Kazakhstan is an influential power in the region, Xi said, noting that the relations between China and Kazakhstan have become an example of friendly relations for neighboring countries.

As for means of transport, booking cruises saw a 30-percent rise this year, while high-speed bullet trains have become the top transportation choice for most Chinese, as services are improved and railway networks expanded.

As a result, they said, it is reasonable for those time-honored brands to extend their product categories and establish their own distribution channels.