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"China is determined to make NEVs a success and Volkswagen is determined to make it a success, and I am confident it will happen," said Woellenstein.

"China is working to develop the multilateral trade system. At the time, when some countries close their markets or turn to bilateral trade relations, China has introduced its famous One Belt One Road Initiative, which is advancing global free trade," Osypenko said.

"China and Russia have entered an important period for their national development and rejuvenation. With highly compatible development programs, regional cooperation is very promising," Chinese Vice Minister of Commerce Gao Yan said.

"China and the US are the two biggest air transport markets in the world. We think there's enormous potential. We are always reviewing our network and where it makes sense to add new services for our customers, we will," said Sam Martin, general manager of Australia and New Zealand operations at American Airlines.

"Certainly, the second summit is not a one-off business matter," he said. Regardless of the results, more talks, and even more summits, between both nations are needed as they try to implement their agreements, he added.