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"Compulsory technology transfers are explicitly banned, while we encourage the exchanges of knowledge and technology," he said, ruling out that China forces foreign companies to transfer their technology when considering investments in China.

"Clearly the first swap is a small amount, compared with the potential issuance of perpetual bonds that could be more than 1.08 trillion yuan as we estimated," said Jiang Chao, an economist with Haitong Securities, an A-share listed brokerage. "That could support credit growth of 6.82 trillion yuan."

"Chinese businesses are discovering that Houston is uniquely positioned as a hub for doing business all across the Americas," said Bob Harvey, president and CEO of the Greater Houston Partnership. "These global leaders realize that Houston is not only an ideal location to invest in, it is a strategic ecosystem for the exchange of technology, expertise and best practices with other global partners. That's why we are seeing companies from China - and from all over the world - establishing their regional headquarters in Houston."

"Chinese shoppers have become more rational, and they are not blindly following the crowd to imitate others. They want products with both commercial culture and consumer mentality," said Pan, adding localization of global brands must keep pace with the times to stay competitive in the fast-changing Chinese market.

"Companies, organizations and talent that specialize in greening work are all welcome to join in the country's massive greening campaign," he said.