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"By labeling China a currency manipulator, the US is in fact continuing its maximum-pressure approach in trade talks," said Liao Qun, chief economist of the China CITIC Bank International.

"China is a world leader in Internet of Things equipment. Constructing a smart city like this would require a lot of such supplies that they can provide." The Internet of Things is the data exchange network that links different appliances, devices and systems infrastructure.

"China is not in favor of the so-called decoupling. … Some forefront technologies might affect national security and public welfare, and need to be included in catalog management," he told Xinhua News Agency in an article published on Saturday.

"China is growing quickly, and I think it will become one of the most well-known countries in international cooperation in terms of disaster and humanitarian issues," Xavier Castellanos, the federation's Asia-Pacific regional director, said in Beijing after the release of a report on world disaster relief by the federation.

"China has been the top trade partner of Africa for 10 years in a row," said Qian, pointing out that China-Africa trade has been growing steadily, reaching 4.2 billion in 2018, up 20 percent year-on-year.