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"China is about 30 percent of the global market for semiconductors," Mike Russo, vice-president of SEMI, an advocacy group, told China Daily. "The industry as a whole and all nations involved benefit from access to markets. Companies re-invest profits in research and leverage new technology. Folks are jockeying for access — no one has sewn it up."

"By making clear the responsibilities and investigation methods, the supervisory power of the country has been legalized, regulated and institutionalized," he said.

"By sharing enterprises' credit information, we will be able to act. The honest and law-abiding get a green light and those that are discredited get tougher inspections," said Zhu Haibin, chief of the enterprise management section at Shanghai Customs.

"China is open today to new technology and also has advanced technology means such as communications and clouds," said Israeli. "We are looking for more cooperation in the future, and I am sure about this."

"China is one of the fastest growing markets in the world, and is also a strategically important market for Herbalife Nutrition."