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"Consumption now remains the main driver of economic growth," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "Due to rising Sino-US trade disputes, we are facing many external uncertainties. Therefore, we need to focus on boosting domestic demand. Considering the current levels of per capita rural and urban incomes and the proportion of consumption to the total GDP, there is a lot of room for consumption growth."

"Cultural exchange is important because it's a window through which we know and understand people, places that are different from ours, and if we understand each other, we are able to work more in an atmosphere of respect and mutual collaboration," Kalu said.

"Currently, investors are interested in the chip industry, but it is important to ensure the right investment direction. It is important not to put all the money into semiconductor design. China is lagging behind advanced countries in chip material, equipment and manufacturing, all of which need heavy resource inputs," Ding said.

"Companies that ultimately go on to have success … what they have understood is that while content is critical, distribution is king," Wehmeier said.

"Chinese individual travelers are able to choose their accommodation — serviced apartments — (compared) to group travelers whose hotels are being booked through tour operators or travel agents," Faure said, "Individual travelers tend to stay longer in a city to better understand the culture and live like a local."