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"Chinese courts have made public an immense volume of court judgments since 2014. ... The availability of this huge number of cases is transforming scholarship on the Chinese legal system as well as the practice of law within China," said Benjamin Liebman, director of the Center for Chinese Legal Studies at Columbia Law School, at a webinar on Wednesday.

"Compared with European countries and the United States, the penetration rate of household and kitchen appliances in China is relatively low, and this segment has huge growth potential in the future," Si added.

"Chinese tourists stay longer, spend more and gamble more (here in Las Vegas)," said Nevada Governor Steve Sisolak. He acknowledged the contributions of the Asian American communities in the state, emphasizing that Las Vegas and Nevada offer more than just tourism and conventions.

"Consumers are becoming more selective about the products they purchase, and tend to buy products that have more practical uses," said Emily Cheng, general manager of Honeywell Connected Living Solutions China.

"Cross-border e-commerce is set to greatly complement, if not replace, traditional trade to become an important driver in the next three to five years," said Zhu Qiucheng, CEO of Ningbo New Oriental Electric Industrial Development Co Ltd, an exporter of electronics.