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"China and the EU should continue to focus on cross-border investment and two-way opening so as to build a fair, open environment and a mechanical framework for business," said Zhou Xiaochuan, former governor of China's central bank.

"By opening this direct flight, I think the aircraft will certainly create a lot of business for both sides and will bring people together," Huang Ping, Chinese consul general in New York, told the crowd of some 200 people from the local government, Chinese community, and travel agencies at the ceremony held at the New York Stock Exchange.

"China intrigues me. Because it is yet another laboratory for economic development. I think it is so exciting and so interesting. And that's not something we have in front of us in the West," he says.

"China has an abundant source of organic waste ... about 2.2 billion metric tons of animal waste and about 700 million tons of agriculture crops... well enough to support the production goals. Our estimation is even more positive. Those organic wastes can support biogas production of about 160 billion cubic meters," said Zhang Dayong, secretary general of the China Biomass Energy Industry Promotion Association.

"China has committed to significant reforms to its pharmaceutical regulatory systems, protections of intellectual property, and made considerable progress in the development of its reimbursement mechanism for innovative medicines," said Bradway.