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As a contractor for the country's navy, CSIC has already moved seven of its power businesses to its Baoding-based unit－CSIC Fengfan Co Ltd－one of the group's storage battery manufacturers.

As an economist, Anderson favors free trade. "In a bigger picture, free trade is how the economy grows. The economic gain from free trade comes from that people do what they are good at."

As crossover branding is now a hot term for many sectors globally, V-KOOL, a premium brand of Tennessee-based specialty material manufacturer Eastman Chemical Co, has partnered with Transformers, a world-renowned brand under Hasbro Inc, the United States-based entertainment company, to seize more market share in China.

As digitalization, uncertainties in supply chains, government stimulus policies and changes in consumer behaviors are brewing new business opportunities, the CSR sector has a greater chance of becoming a major business sector in the future, Jan Noterdaeme, co-founder and senior advisor of CSR Europe, said during the forum.

As economic growth slowed to 6.2 percent in the second quarter, speculation began to take shape that policymakers may loosen their grip on the property market to combat downside pressure, as they did amid earlier economic downturns, according to Yang.