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"China, undoubtedly, has played a crucial role in our global business and is expected to get into a fast-growing period in the coming years," he added.

"Clouds are on the horizon" for California especially if the trade war intensifies, said Jim Doti, chair of business and economics at Chapman University.

"Compared with novels and other time-consuming creations, photographing is quicker, and it's easier to produce works."

"China's performance indicates that the torrents of merger and acquisition activities aiming to forge globally influential conglomerates are starting to pay off," said Jiang Qingyun, a business professor at Fudan University's School of Management. "It's a natural reflection of the country's overall economic status."

"ChinaSF is a leading example for international economic development in the United States," said San Francisco Mayor Mark Farrell, adding the city welcomes business from China.