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"China should pay more attention to make its ODI moves better suited to its 'dual circulation' development pattern by meeting domestic market needs via investment activities in overseas markets," said Zhao Ying, a researcher at the Beijing-based Institute of Industrial Economics, which is a part of the Chinese Academy of Social Sciences.

"Close economic integration is required to overcome the negative consequences as quickly and efficiently as possible," he added.

"Cultural exchanges, the best way to promote mutual understanding, are the basis for interconnectivity and cooperation in infrastructure, policy, trade and finance," said Zhou Hanming, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and vice-chairman of the CPPCC Shanghai committee, during an international expo and forum.

"Cultural exchanges are helping people from both countries to understand each other, so in a way the corridor has enhanced these cultural exchanges and these cultural exchanges will strengthen the project and will further cement bilateral ties", she said.

"China will penalize seriously according to law any activity that investigation shows has indeed violated the resolutions," Geng said.