"We are hoping more Chinese companies invest in the US and US companies continue to invest in China so it's in our mutual interest to solve these problems."

Carlos Gutierrez, former US commerce secretary who is now vice-chairman of Citigroup Inc's institutional client group, saying that further talks between the two economic giants would increase mutual "transparency", and that the relationship between the two countries is too important to risk a trade war.

"If you look at some of the technologies China is currently producing, for example, solar panels or bio-gas projects that are producing energy at lower costs for residents, it is smart economics."

Pamela Cox, regional vice-president for World Bank East Asia and Pacific, saying that as China moves out of lower-end export goods, such as clothes and shoes, the country can now export more technologically advanced goods.

"We talked about the 'American Dream' in the past, now we can talk about the world's top talent enjoying the 'Chinese Dream'."

Liu Yanguo, deputy chief of the State Administration of Foreign Experts Affairs, saying that although China is a developing country, its major cities have developed the ability to cater to a plethora of needs from foreign professionals.

(China Daily 09/28/2012 page14)