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"China's development practice has proved that the vast number of developing countries can explore multiple paths of modernization in accordance with their own cultures, histories and conditions," the paper said, with more than 400 think tank analysts and media experts from over 100 countries and regions agreeing.

"Contrary to the assumption underlying the investigation on import vehicles, the US auto industry is thriving. To our knowledge no one is asking for this protection," said John Bozzella, CEO of Global Automakers, which represents foreign automakers doing business in the United States.

"China's economic momentum will continue this year with domestic consumption leading the way, selectively creating opportunities," said Gordon Orr, a senior advisor to consulting firm McKinsey& Co.

"Chips and software are closely bounded. That is particularly true in AI, as chips powering an application must be specifically designed. China's booming software market and large user base will allow homegrown companies to update chip design quickly based on user experience," said Roger Sheng, research director at consultancy Gartner Inc.

"Consumers go to our physical store. They also purchase through mobile phones and other digital devices. About 90 percent of Chinese consumers touch digital points before they visit physical stores," said Rorsted.