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"From city planning to heritage protection, China has improved its condition by learning and by self-innovation in the past 40 years," said Zhao. "And more importantly, the Chinese people and American people have built a cherished friendship and mutual trust — that's the foundation of broader collaboration between the two great nations.

"Given the current global economic and political uncertainties and trade friction, governments are tightening their scrutiny and regulation in areas like foreign direct investment. The joint operation model will play a big role in terms of transaction habits, disputes resolution and even company strategies," he said.

"For example, more real estate agencies have introduced single rental apartments," he added.

"Given the ongoing pandemic worldwide, China has been doing well in the prevention and control of the contagion and resuming business. Airbus has been actively localizing its business in China and integrating itself into the aviation industrial chain in the country. It's the right strategy and will be a multi-win decision for different participants," said Lin Zhijie, an aviation industry analyst and a columnist with Carnoc, a leading civil aviation website.

"For one thing, the diversified demands of consumers in different regions of China are not sufficiently satisfied. For the other, many consumer markets are decentralized and lacking top products or better services, which suggests more space for companies to explore," Xie said.