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"Foreign institutions showed greater interest in entering China's financial market, rather than withdrawing from here," said Liu Guoqiang, vice-governor of the PBOC. "Opening-up is not for pleasing others or making someone unhappy. It is the country's own choice," he said.

"Growth is going to continue to come from China for the next 20, 30, maybe 40 years ... The greatest growth opportunity in the world is the Belt and Road Initiative," Stephen Perry, chairman of the 48 Group Club, said in a keynote speech to the 8th London Business School China Business Forum.

"Good day for the rule of law," tweeted Republican Senator Lindsey Graham of South Carolina, chairman of the Senate Judiciary Committee and one of four members of Congress to whom Barr addressed his letter. "The cloud hanging over President Trump has been removed by this report. Bad day for those hoping the Mueller investigation would take President Trump down."

"Fierce market competition is expected in China, as more opportunities and government's favorable policies are within sight," Song said, adding better products with lower prices will come along and bring more benefits to consumers.

"Good products and good brands always succeed," said Froehlich.