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"For a country boasting a free economy, the Trump administration's recent move is unimaginable and will severely damage US companies' businesses in China," Wei Jianguo, vice-chairman of the China Center for International Economic Exchanges, said in an exclusive interview with China Daily. Wei is a former vice-minister of commerce.

"For any company, China is a strategic market that cannot be ignored," she declared, noting that "it is a privilege that GE is a participant, witness and beneficiary of China's social and economic development".

"From a traditional manufacturing city that relies on labor and resources to a smart city focusing on intelligent manufacturing, Wuxi's progress demonstrates the transformation of the manufacturing sector in Jiangsu, and even in China," said Huang Qin, executive deputy mayor of Wuxi.

"For me, every single tree I plant shows my life's value and this makes me happier," he said. "Until I pass on, I will continue fighting with the sand."

"Given the gradual fine-tuning by policymakers to balance growth with reform and deleveraging, we maintain China's 2018 GDP growth forecast to be 6.4 percent this year," said Louis Kuijs, head of the Asia Economics Department at Oxford Economics, a British think tank.