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"China is at the core of our strategy for future growth and our commitment in China is strong," Galjee told a media briefing during the eighth Clean Energy Ministerial in Beijing, the annual meeting of energy ministers and other high-level delegates from 24 member countries and the European Union.

"By further reducing the burden of manufacturing enterprises, it will help promote the investment and development of the sector, and thus form a benign cycle. Tax cuts and fee reduction are an important measure to help lower the costs and they will help manufacturing companies to raise their product qualities," said Liu Xiangdong, an associate researcher at the economic research department of the China Center for International Economic Exchanges.

"China is strongly unsatisfied with and firmly opposed to the US for insisting on signing the act into law," said Foreign Ministry spokesman Lu Kang, adding that it seriously violated the one-China principle and stipulations of the three China-US joint communiques.

"China dream says that the future success of the Chinese people is tied to the success of the people all around the world," Ahmad said.

"China is rapidly globalizing its industries by encouraging its higher-value-adding industries, such as power generation, construction equipment, and telecommunications systems, to supply overseas projects in the Belt and Road Initiative and to invest in foreign market operations," it said.