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As China has not gone through multi-generational wealth management, whereas some other countries have gone through a lot of succession planning, estate planning and financial planning, multinational insurers can bring the expertise in their home markets to China, Kimura said.

Around 200 Chinese strategic funds and angel investors interacted with executives of Indian startups, and evaluated investment opportunities, said Mahendra Swarup, leader of the visiting delegation and founder of Venture Gurukool, an early-stage investor and organizer of networking events for startups.

As China's deleveraging moves support supply-side structural reforms, deleveraging and economic growth actually go hand in hand in many aspects, Hu said.

Arend F. van Peer practices with his master Lin Zaipei the Chinese kung fu in Fuzhou, capital of Southeast China's Fujian province, April 18, 2017.[Photo/Xinhua]

Apple Inc Chief Executive Tim Cook said in a recent White House meeting with Trump that he opposed the administration's approach on trade with China, according to a report by Bloomberg.