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"But there is still much to be done," Li added, citing it is important for Chinese companies to conduct efficient communication with the local communities, especially clarifying the purpose of investment and clearing other doubts.

"California State Association of Counties continues to be concerned about the lack of clarity in the Boise decision, and the potential risk for counties given the significant room for interpretation of the decision," said Executive Director Graham Knaus.

"China has become a core priority for Ferrero in terms of growth. Thanks to a series of timely and effective measures, the Chinese market has been the first to recover amid the pandemic, demonstrating its remarkable resilience and great potential," said Mauro De Felip, general manager of Ferrero China.

"Buyers will express intent to buy only after they are convinced that our technologies, quality, delivery time and after-sales service can thoroughly meet their requirements," said Hao Zhiqiang, general manager of Jier's operations in North America.

"Cheap and abundant labor is the most often-mentioned comparative advantage of developing countries. However, this has not been the only reason for the robust development of China over the past four decades," said Fan, also chairman of the China Development Institute.