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"Chinese consumers are more willing to spend money on cosmetics and skincare products, and more people are paying attention to the quality of products," said Neil Wang, president of consulting firm Frost & Sullivan China.

"Cultural exports, which undertake the responsibility of cultural communication between different countries, will help enhance the soft power of a country," he said.

"China's trade deficit in tourism is a case in point, in which domestic tourism services do not satisfy consumer demand. By taking measures such as cross-regional coordination to strengthen infrastructure networks, the strong domestic demand for travel may transform into higher output for the tourism sector," Tang said.

"Chinese producers were falsely accused, although it is not new. Some years ago we had to deal with an anti-dumping case from the United States over HB steel, which is a product for high-level construction of skyscrapers and even used in vehicles. There was a long investigation, but we eventually won that," Gao says.

"China's steel manufacturing infrastructure is the most advanced in the world. The small and unregulated steel mills, which are producing substandard steel with high pollution, should be eliminated," Li said.