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"Fuxing puts China on a higher stage," said Sun Zhang, professor at Shanghai Tongji University.

"For the goods that have less impact on China's industrial production and consumption, the tariff rates are much higher, but that can effectively hit back on the US when it is necessary to levy," he said.

"For instance, Naizifang (milk houses) was a horse milk production base that supplied the government during the Yuan Dynasty, while Caochangdi (meadow) was the place where horses were fed," Wu said.

"Free trade will be good for the Asian region supply chain, which is already tightly integrated," said Ben Simpfendorfer, an economist and CEO at Silk Road Associates in Hong Kong. "Free trade will initially benefit established countries, like Singapore, Malaysia and Vietnam. The frontier markets like Myanmar might still have challenges."

"Friends in the secret service alerted me that a vehicle was trying to cross the border to smuggle gold. To prevent that, we scrutinized every single vehicle in the days that followed. Finally, on Nov 23, the contraband was found under the back seat of the truck," Naranmand said.