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"China's medical experts are going to share their experience with the Philippines on how to fight it, how to contain it, and hopefully one day how to cure it," Locsin said in a statement.

"Chinese people are more open to new technology, while the French like to do things the traditional way — that's why I see my product standing a bigger chance here than in France," Dessain-Gelinet told China Daily in his office at an incubator in the Hongqiao area of Shanghai.

"China's tariff plan is based on thorough research and analysis. It is much more rational compared with the 25 percent tariff hikes threatened by the US ... which is a trade 'stick', " said Li Yong, a senior research fellow at the China Association of International Trade.

"China will push for the development of energy-saving, environmentally friendly agriculture, expand pilot programs to replace chemical fertilizers with organic alternatives, and speed up efforts to utilize agricultural waste," he said.

"China's exports saw challenges with the rise of trade protectionism," Ren added. "The economy also felt the pinch from a tightening of liquidity conditions during financial deleveraging. While this has reduced credit risk, it has also increased financing difficulties for private enterprises."