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"Competing against the world's best automakers outside of China is the best way for GAC or other Chinese automakers to improve the quality and performance of the vehicles they make and gain better access to advanced technology from global suppliers," he said.

"Consumer goods account for only 15 percent of China's total trade volume, but in developed countries it's 30 to 40 percent," he said.

"Consumers are becoming wiser and they need strong reasons (product advantage) for the purchase," said Jin.

"Companies' willingness to issue debentures is stronger now as liquidity is fairly ample, which has driven financing costs down," said Su Li, chief bond analyst with Beijing-based Golden Credit Rating International.

"Countries succeed by having open systems, not closed borders," he said. "The US has long thrived through openness and diversity. China, of course, has conducted business and cultural exchanges with openness for thousands of years, as exemplified by the Silk Road.