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"CIIE 2018 is providing UPS with a platform to share cross-border trade insights and best practices gained from working with customers in China over the past 30 years," said Harld Peters, president of UPS China, adding that it is an opportunity for the company to gain a better understanding of the challenges facing Chinese businesses.

"By bringing the most outstanding employees in one room, KCETA has opened up an opportunity for employees to start networking as well as create synergy," he said.

"China has witnessed a drop in both the number of arrests approved by procuratorial organs in drug-related criminal cases and the number of such cases prosecuted since last year," Chen said, noting that the high incidence of drug-related crimes has been curbed.

"China is huge, even if it's doubling its visitors, we will be still less than 1 percent of all the Chinese overseas tourists, there are just so many Chinese tourists," said John McCallum, Canada's ambassador to China. "We just need to convince the Chinese people, we just need to welcome them. We have visa functions to service them. I am very confident we'll hit the target."

"But the possibility of that happening is slim," said Li Daokui, head of the Schwarzman College at Tsinghua University. Li served on the Monetary Policy Committee of the People's Bank of China for two years until March 2012.