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"China is working to improve flexibility of the renminbi exchange rate while maintaining the rate at a stable equilibrium. And we have successfully avoided competitive depreciation against other major currencies," he said.

"China is changing at a very fast rate. There are a lot of new opportunities and new ideas that come out to do innovation, which is sometimes technology-driven, but it is sometimes business-model-driven. There is a lot of innovation," he says.

"CES has a history of more than 50 years; it's already deep-rooted in China and among Chinese companies," said Lv Kun, chief representative of Qingdao, Shandong province. Over the years, she has led consumer goods manufacturers such as Hisense and Haier to CES.

"But other parts of the country have a lot of work to do," he told CNN.

"China has unmet demand for quality medical and pharmaceutical services. This implies a huge market for US companies," he said.