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American farmers, Chinese consumers could both lose from trade disputes For the past two years, John Zhong has been bringing premium American Berkshire pork to tables in China.

Amid fierce competition, Chinese new energy car manufacturers have won favor from European clients thanks to their fashionable look, reliable quality and reasonable prices.

Among all these factors, government support is the key. As the export-led manufacturing model will inevitably run out of steam, new wealth and sustained growth can only be achieved from the innovation of industry through the application of information technology.

American companies take a long-term view of the relationship and they generally have a positive view about the opportunities here in China, said Matthew Margulies, vice-president of the US-China Business Council China Operations, in Shanghai on Thursday.

Among the companies that signed up for the expo at the ceremony, 54 percent are Fortune 500 companies that have signed up for some 30,000-sq-m of exhibition space.