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"China welcomes foreign businesses to invest and develop in China. And we will continue to unswervingly expand opening up, create a more open and business-friendly environment and protect the legitimate rights and interests of foreign investment," Meng said at a news conference in Beijing.

"Compared to local language-learning competitors, one of our advantages is that we have a lot of different languages. So we will continue improving the current courses we have as well as creating more courses for Chinese users," Loh said.

"Currently, Ikea is at the key stage of transformation, stepping up the efforts to enhance the e-commerce experience and service offerings as well as investing in offline stores. And the new move will help both sides to expand the global market."

"Consumption is playing a bigger fundamental role in driving economic growth," said the ministry.

"China via its new reform and opening-up measures appears ready to play its part to bring closure to the aggravated trade frictions and thereby stabilize market expectations.