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Ambiguity aside, Chinese firms still consider listing on a US exchange highly attractive and as vindication of years of toiling and perfecting a commercially viable business model and product. The US still possesses the broadest and deepest capital markets in the world, which allows firms to access a truly diversified investor base.

Ambassador Carla Hills, a former US Trade Representative, said the possible talks are "timely" after a hiatus of many weeks in which the two sides have not talked.

American vehicle exports to China face a 25 percent tariff. China has suggested it would add another 25 percent to counter proposed US tariffs on Chinese exports. The US imposes a 2.5 percent tariff on imported cars and 25 percent tariff on imported trucks from World Trade Organization members and with the proposed tariffs on China these rates would go to 27.5 percent and 50 percent said Dziczek.

Among the 132 projects that have already initiated construction, 75 percent are in central and western regions and 56 percent are in poverty-stricken areas. All have played an important role in accelerating regional development and poverty alleviation, said Wang.

American small and medium-sized businesses such as retailers of cosmetics, apparel, maternal and baby products, and health supplements and even farmers are cashing in on the huge purchasing power of China's vast and fast-growing middle class through e-commerce while creating jobs for the Americans.