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"China is pursuing long-term goals and is trying to focus on upgrading its economy and meeting the growing demand of domestic consumers while the US is seeking short-term gains. Judging from the talk results, the country (China) has ensured its core interests," said Mei Xinyu, a researcher at the International Trade and Economic Cooperation Institute, part of the Ministry of Commerce.

"But when we entered the houses, we found that people were so poor. There was a fireplace, a table and some chairs. No bathroom. Tap water and electricity were the only things to remind me that they were living in the second millennium."

"China has strengths in production. Today China focuses on production within China and export of those products, but now with the initiative, it is a good opportunity for Chinese companies to invest, for instance, in Spain and produce in Spain with Chinese technology," said Francesc Sanchez, general director of the Port Authority of Valencia.

"China has made a lot of investment in the top-tier hospitals in urban centers. They have done a lot on medical research. The problem is that there are still great disparities," she says.

"Centering on the customers' demand, we will boost cross-sector sales to improve our operating efficiency and lower relevant costs," He said.