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As an economist, Anderson favors free trade. "In a bigger picture, free trade is how the economy grows. The economic gain from free trade comes from people doing what they are good at."

As Shenzhen is a national entrepreneurial hub, HEC Paris' Dean Peter Todd said that the alliance will "allow greater mobility and networking between France and China for students, faculty members and startups".

As a representative of Chinese mild flavor liquor brand, Fen Chiew Group has seen its sales revenue reach 11.88 billion yuan (.7 billion) in 2019, an increase of 25.79 percent year-on-year. Its net profit attributable to shareholders of the listed company was 1.939 billion yuan, up 28.63 percent year-on-year.

As consumers feel empowered to make informed choices, business opportunities emerge in different market segments, be it electric toothbrushes or facial creams, he said. They all help define the lifestyles that Chinese consumers would prefer.

As far as Cincinnati Mayor John Cranley is concerned, he would like to have more Chinese companies represented in his city.