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"China will take multiple measures to further increase imports next year such as hosting the second China International Import Expo and increasing imports of agricultural and resource products."

"Clearly, it's disruptive for us. It's disruptive for our customers," Quincey said on the company's earnings call last week. "But I think the conversations have been about how this is going to work for each and every customer."

"Chinese banks' capital adequacy ratio is higher than the international minimum standard by two to three percentage points, meaning there is enough ammunition to fend off risks," said CBRC official Xiao Yuanqi.

"Currently, financial risks are one of the most prominent and major type of risks in China … The country is still facing relatively huge pressure for a possible rebound in nonperforming loans, and the inventory of shadow banking activities is still fairly large, with frequent occurrence of law and regulatory violations," said Xiao Yuanqi, chief of the prudential regulation bureau of the China Banking Regulatory Commission, at a news conference on Friday.

"Chinese companies have built strong relationship with German and French manufacturers in the past years. However, not many people are aware that Italy also has many good brands in high-end product manufacturing with innovative technologies. With increasing communication and cooperation between the two countries, the outlook for trade is very promising," Wang said.