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"China has ample foreign exchange reserves and relatively large room for policy controls. China is capable and confident in coping with all sorts of challenges," said Wang Chunying, spokesperson for the State Administration of Foreign Exchange, at a press conference Thursday.

"By combining Alibaba's massive data assets, businesses can identify, segment and build tailored content for the best results," he said.

"China can be a complex country to understand, especially when it comes to the different regulatory environments and that's where we come in, building a platform for a China-Europe ecosystem."

"By integrating high-quality domestic and international medical resources, Shanghai has formed a prototype of international-standard modern medical service industry, and the space for future growth is huge," he said.

"China is a very important market for us both in terms of imports and exports, and for foreign direct investment. We also see a lot of opportunities because China is a very large market," said Timothy Kelley, president of the Imperial Valley Economic Development Corp, a partnership of private enterprises and local government that focuses on growing the regional economy.