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"China is going from 'Made in China' to 'Created in China,'" said Gurry.

"China has made significant progress in financial market opening-up and participated in an expanding scale of trade, cross-border investment and human resource movement, naturally strengthening the yuan's international role," Zhang said, adding that the growth of the yuan's share in global reserves could help stabilize global financial markets with currency diversification.

"China has huge market potential for imported medicine, and the demand is growing fast for generic drugs, but pharmaceutical market competition is becoming increasingly fierce," he said.

"But the damage of today's shock could be more profound, long-term -- and above all irreparable," he added. "I believe America needs partners ... But America can only recognize such a partnership if it sees the 'West' as more than a point of the compass and in the world more than a boxing ring in which everyone fights everyone."

"Carriers must connect as many small cities as possible to their hub airports to remain competitive. The sustainable growth of regional aviation is the core competitiveness of the Chinese airline industry," said Li Guijin, a professor at the Civil Aviation Management Institute of China in Beijing.