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"By staying within the WTO framework, that's consistent with the way international trade is regulated, and it does give a high ground that they are basically following the rules," he said of the Chinese mainland and several others that have filed the WTO cases over the US solar panel tariffs. But he said the US so far has been following the rules, too.

"China is being pressured from both sides," an unidentified MIIT official told Xinhua. "Advanced economies such as the United States, Germany and Japan have all formulated policies supporting further development of their own manufacturing. At the same time, emerging economies such as India and Brazil are catching up with their own advantages."

"China is gaining importance in our ranking every year. Even though our biggest market in the world is the United States, Chinese travelers and domestic shoppers are our top source of revenue," said Pontroue.

"By controlling the outbreak, China has effectively stabilized the global food supply chain, and contributed to the economic recovery of agricultural product exporting countries," Ren said. "The food imports have also satisfied the growing demand for domestic consumption upgrade."

"But slashing prices may also have a side effect: hurting its brand image," Xiang added.