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"Compared to road transport, the trains are much faster and can help save costs for the companies," said Zhang Haixia, chief operating officer with Xinjiang Hongyunda international freight transport agency.

"Contradiction between the US and DPRK is the core of the Korean Peninsula issue, as direct parties, the two countries should enhance mutual understanding and build mutual trust through dialogue to create conditions to finally resolve the issue," he said.

"Coordination and integration between cities remain the key words of developing metropolitan areas," said Zhang Yansheng, chief research fellow at the China Center for International Economic Exchanges. Shenzhen, the most innovative region in the Greater Bay Area, may join hands with Hong Kong, which boasts top universities, capital markets and a modern service industry. Zhang suggested Guangzhou, as a city of trade and service, could also coordinate with Foshan, which boasts a high-quality traditional manufacturing industry.

"Cuba hopes to open (its markets) as China has done, and we see this business forum as an opportunity. Tourism is very well developed and we believe that our products will have a great advantage here," he said.

"Cooperation is the only choice for China and the US, and a better future could only be achieved through win-win cooperation," said Yuan Hao, commercial consul for the Chinese Consulate General in Los Angeles, who spoke at the event.