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"California is just so close to China; I think this might be the major reason why Chinese investors prefer California," Guo Ruda, commercial attaché of the Chinese Consulate General in Los Angeles, said at the hearing.

"China and France can jointly take part in the BRI construction, especially in expanding third-party markets, through which they will be able to complement each other and find more space for cooperation," he said.

"China has one of the world's most abundant resources in application and in smart car networking, and we can do much more and much better in smart car making," He said. "We have accumulated experience, and we will invest more in research and development in this regard in the future."

"China has initiated the AIIB (Asian Infrastructure Investment Bank), which is playing a very important role in the East Asia region. China is involved in major trade negotiations with the ASEAN countries and many others," he said.

"China and the US share several common interests. Economic and trade cooperation is important for the development of both countries, and so promoting pragmatic cooperation will benefit both the Chinese and American people," said Wang Weizhong, Shenzhen Party secretary.