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"Governments should substantially reduce their role in direct resources allocation, and channel more energy into macro regulation, public services, market supervision, social management and environmental protection," said Yang Weimin, deputy head of the Office of the Central Commission for Financial and Economic Affairs.

"From a negotiation perspective, it's a powerful tool. From a market perspective, it leads to increased uncertainty. In the near-term, we would expect to see volatility in markets as they attempt to price in the net impact of tariffs," said Michael Olivia, a financial planner with Westpac Wealth Partners.

"Following years of opening up and reforms, China's competence in the financial sector has been significantly improved and is able to face more competition from the global market," said Wang Jun, chief economist with Zhong Yuan Bank, a commercial lender based in Zhengzhou, Henan province.

"Have they changed? Grown taller?" Courova asked with the same excitement a mother might show talking about her long-missed children.

"Given the challenges, like language or distance, Mexico's exporters are not familiar with the business potential that China can bring to them," Salas said. "We hope that Mexican companies can better understand the potential of China through CIIE."