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"China now has more than 1,200 coal mines with annual production capacity exceeding 1.2 million tons, accounting for more than 75 percent of the country's total coal capacity," Jiang said.

"China has the complete industrial chain and system as well as a huge market. It is entrepreneurs who will finally make their choice cautiously," he said.

"China has shifted into policy exit mode amid a firm domestic recovery and an improving global outlook. The country is expected to exit from expansionary fiscal and accommodative monetary policy in a mild way to steer off a policy cliff," he said.

"But the suspension alone is not enough as the sanctions are sure to remain the elephant in the negotiation room. The failure of the Hanoi summit shows us that the fundamental reason that impedes the development of the denuclearization is the ideological gap between the US and the DPRK," Zheng said.

"China has promised to eradicate poverty by 2020, and I wish I could stay till the last minute," said the 45-year-old Xie, now Party chief of the village, who residents say is key to Alingchao's economic development over the past three years.