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"China is a big importer of Michigan dairy products. This uncertainty hurts markets. All I know is that we have to get this resolved, the sooner the better for everybody, for the US and for China. We can help each other, work together and improve life for people in this country and people in China," he said.

"By cooperating with Chinese companies, overseas steelmakers can gain more share in the country's steel market, which is the largest in the world," Xu said, adding Chinese companies can cooperate with foreign steel giants on advanced technologies to improve the competitiveness of their products.

"China is a very important market for us both in terms of imports and exports, and for foreign direct investment. We also see a lot of opportunities because China is a very large market," said Timothy Kelley, president of the Imperial Valley Economic Development Corp, a partnership of private enterprises and local government that focuses on growing the regional economy.

"China has the complete industrial chain and system as well as a huge market. It is entrepreneurs who will finally make their choice cautiously," he said.

"China is undergoing consumption upgrade, and consumption has become the major driving force for economic growth, contributing to 57.8 percent of the economic growth last year," he said.