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"Certainly, the second summit is not a one-off business matter," he said. Regardless of the results, more talks, and even more summits, between both nations are needed as they try to implement their agreements, he added.

"China is a participant in and a beneficiary of technological globalization. It is also a contributor and a leader in promoting broader innovation and cooperation," Wang said at the opening ceremony of the two-day 17th Conference on International Exchange of Professionals in Shenzhen on Sunday.

"By liquidizing remnant assets, these companies reduced around 20 percent of financing through traditional approaches and saved a total of 500 million yuan in interest (payments)," Zhang said.

"China and the US are now in contact with each other," he said.

"CIIE is a great opportunity for the company to demonstrate our technology leadership to a broader audience," said Su Hua, president of Infineon Technologies China. Infineon is a semiconductor company based in Germany.