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As for the escalated China-US disputes and external uncertainties, policymakers and advisers at the forum showed some concern over financial decoupling of the world's two largest economies. They called for promoting the renminbi's use in cross-border trade, investment and commodity transactions to reduce dependency on the US dollar.

As a sign of the Mediterranean country's economic difficulty, the European Union pressured Rome earlier this week to further curtail its deficit.

As a comprehensive global service platform, the Business and Innovation Centre for China-Europe Cooperation in Chengdu has attracted more than 40 projects, including the representative offices of Bavaria, Germany, the Chinese headquarters of Norwegian company Opera, the French internet of things company Sigfox, the global innovation center of Amazon, the Germany visa application center, and the sustainable development and innovation demonstration project of the United Nations Development Programme.

As digitalization, uncertainties in supply chains, government stimulus policies and changes in consumer behaviors are brewing new business opportunities, the CSR sector has a greater chance of becoming a major business sector in the future, Jan Noterdaeme, co-founder and senior advisor of CSR Europe, said during the forum.

As a result, the Caixin China Composite Output Index, which covers both manufacturing and services, fell to 51.2 in April from 52.1 the previous month, the lowest in 10 months.