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"China plays an important role in Airbus' supply chain and is a critical force of scientific innovation. There are many competitive Chinese enterprises in the field of artificial intelligence and digitization. Airbus hopes to cooperate with them," he said.

"China is a major factor in the international economy; no one can really imagine international growth that is sustained without Chinese economic growth," said Rice, who also has served as US national security advisor.

"China is probably more advanced in this capability than any other markets. But these opportunities are starting to grow in other markets. So by engaging here in China and learning how to do it here, we are going to export the learning to other markets so that we can be among the first in those markets," he said.

"China believes that trade problems and conflicts should be dealt with in a positive and mutually beneficial manner," said Sang Baichuan, director of the Institute of International Business at the University of International Business and Economics in Beijing.

"But of course, some countries are going to be hit especially hard, and some of the weaker banks might need to be resolved," he said, "furthermore, in some countries, there could even be system-wide distress."