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"China is perceived to be in contention with the US for global dominance. Whether it's true or not, we Chinese Americans and Chinese students who are legally here are caught in between," he said.

"China has started relatively late in the development of commercial endowment insurance and thus lacks enough experience. It is important to learn from advanced experience worldwide, continue to open up our insurance sector, and in this process, develop our own commercial endowment insurance to meet the needs of an aging society," Li said.

"China is wise and capable of tackling risks and challenges" even if the financial sector enters into a phase of "risk explosion", said Li Yang, director of the National Institution for Finance and Development, or NIFD, under the Chinese Academy of Social Sciences.

"By the end of this year, we expect to buy 300,000 to 400,000 tons of corn, wheat and corn stalks from farmers in Wusu," Wang said.

"China Minmetals has strength in base metals including copper, zinc, and nickel, and minor metals including tungsten, and antimony, with abundant resources and leading production volume," she said.