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"Cancer is the No. 1 cause of death among Chinese in New York City and lung cancer is the No. 1 cause of death for Chinese," he added. "So more people should quit."

"China is still seeing sporadic cases of COVID-19, which to a certain extent may affect the residents' confidence in consumption and the recovery in the service sector."

"China is the largest market for a string of consumer electronics, but the sales of its PC market is just two thirds of that of the United States, signifying that there is still a big potential for growth in the country," Yang said.

"China has made breakthroughs in a number of key technologies and equipment, including nuclear power, unconventional oil and gas, and gas turbines," he said, adding that innovation in areas such as smart grids, electric vehicles, large-scale energy storage and energy big-data are becoming increasingly dynamic.

"China needs tempered hardwoods for certain looks and characteristics," he said. "China can get some of that from Europe but not much. We are a reliable supplier for them – far better than Europe, and we do it at a good price with good quality."