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"China is an opportunity for foreign companies. The enormous market potential, the customer base willing to try new things, and the quality of talent ... all make the country an important investment destination."

"China is building an open economy. We welcome European countries to seize the opportunities to scale up investment in China and explore this huge market of 1.4 billion people," he said.

"By the standards of other countries, it (China's growth) is still very impressive," King said, adding that supply-side reforms and monetary and fiscal stimuli are expected to be stepped up over the next 12 months and partially offset impacts of the trade friction.

"Cashmere from the goats here is pure white," Zhang said. "They boast great properties in terms of thickness and length, good enough to make high-quality clothes."

"But while there are many welcome initiatives in this strategy, there is still too much reliance on voluntary measures, and precious little commitment to targets to reduce waste and boost recycling," he added.