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"Chinese pharmaceutical companies lag behind multinationals in the chemical drugs sector, but it is a different story for biomedicine and innovative drugs R&D," Shi said.

"China's countermeasures do not intend to purely pursue equivalence in the same amount as the US tariff rates. The latest four-level tariff rates have much more flexibility," said Gao Lingyun, a researcher of Institute of World Economics and Policies at the Chinese Academy of Social Sciences.

"China's financial services sector ... is going to further open up," he said.

"China's grain inventory has been kept at a high level. The stockpile of rice and wheat, two staple grains of the country, can feed the whole population for more than one year," Zhang said. "Although China has no problem feeding its people, we still need to treasure food, beginning during childhood."

"Compared to Europe, infrastructure in Southeast Asia, South Asia and the Middle East is lagging far behind. Therefore, the BRI can connect Asia and Europe via railways and bridges to stimulate trade," she said. "Such infrastructure projects will further increase investment in the gold industry in the BRI regions."