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Marco Kamiya, head of urban economy and finance branch of the UN-Habitat, said that the initiative will begin in China later this year.

Many Indian residents, from primary school students to artists to businessmen, sent articles, poems, paintings and videos that paid tribute to the efforts of the Chinese, especially front-line medical workers, who are working hard to control the outbreak.

Matcha Village in Beijing has a variety of desserts made with matcha powder produced in China.[PHOTO BY LI YINGXUE/CHINA DAILY]

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Margulies also said he believes the two countries can be partners and competitors at the same time. Competition is the nature of globalization and the nature of business, he said, noting the council's member companies and Chinese companies are all ready to compete on a level playing field.

Mark Haefele, chief investment officer at UBS global wealth management, said that investors sometimes focus too much on their home region. "Diversification is still the best way to access opportunities and sidestep domestic risks," he said.

Maurer said he has brought Swiss skis as gift to President Xi Jinping and trust as "gift" to the Chinese people. "We hope to contribute our ability and trust to the future cooperation between China and Switzerland."

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Markus Berger, spokesman for Switzerland Tourism, said the country's tourism industry has "shown great solidarity with the People's Republic of China and its people as well as with its travel industry. Chinese guests in Switzerland will continue to be welcomed warmly and respectfully, in the spirit of traditional Swiss hospitality".

Many people in Hotan, a county in Xinjiang Uygur autonomous region, die from cardiovascular diseases, because of their unhealthy lifestyle. He visited Hotan in early August.

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Marsudi, spokesman of the national search and rescue office, said the C208 Caravan plane was on route of Wajo and Sentani.

Market and policy uncertainty also add to pressure, said Ford, using soybeans as an example. On average, 60 percent of soybeans produced in the US are exported to China annually, but sales to China have declined by 94 percent this year due to tariffs in the trade dispute between the two countries, she said.