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"But slashing prices may also have a side effect: hurting its brand image," Xiang added.

"China continues to remain a top priority market for event organizers in Dubai, and therefore Chinese companies are always extended an invitation to participate at all major trade shows and exhibitions that take place in the city," he said.

"China is probably more advanced in this capability than any other markets. But these opportunities are starting to grow in other markets. So by engaging here in China and learning how to do it here, we are going to export the learning to other markets so that we can be among the first in those markets," he said.

"China is trying to remind the US of its unjustified conduct and urge it to make corrections so that the media exchanges between the two countries can be smooth and normal," Li said.

"China is one of the world's leading markets for technological innovation, digital transformation and industrial internet of things development," said Gaven Chai, president of Honeywell Safety and Productivity Solutions China.