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As an old Chinese saying goes, a commitment, once made, should be delivered. Boosting development in the Asia-Pacific requires real actions by all of us members. As the world's second largest economy, China knows fully well its responsibility. Over the past five years, we have taken proactive steps to adapt to, manage and steer the new normal of China's economy and deepened supply-side structural reform. As a result, China's economy has maintained steady performance, and we are pursuing better-quality, more efficient, fairer and more sustainable development. Over the past four years, China's economy has grown by 7.2% on the average annually, contributing over 30% of global growth. China is now a main driver powering global growth.

As a result, innovation will be more efficient, manufacturing will improve, and economic and industrial upgrades will be pushed forward, Li said.

As airlines are also required to limit passenger capacity on international flights to under 75 percent, the number of inbound air travelers will plunge from 25,000 to about 4,000 every day during the week, he said.

As for Trump's threat of more tariffs, Schwager said, "I don't know that it's a bluff, but I sure hope there's a strategy behind this."

As a result, subsidies will be offered to EV charging operators that are commercially viable and able to guarantee a minimum usage and will no longer be easily available for electric vehicle charging infrastructure makers, Lin said.