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"China has been making concerted efforts to adopt employment policies, encourage entrepreneurship, stabilize economic prospects, enhance companies' confidence and competitiveness, and create favorable conditions for the job market. All these factors helped underpin consumers' job prospects," said Andy Zhao, president of Nielsen China.

"China has developed the new energy vehicle industry for almost 10 years. The customers have learned to buy electric cars, which will help expand the market," said Cai Jianjun, executive vice-president of Aiways.

"China has gained new momentum in the commercialization of methanol vehicles and already leads the world in both scale and technology," said Wei Anli, secretary-general of the group responsible for the country's methanol vehicle trial work under the Ministry of Industry and Information Technology.

"California exporters are attempting to find buyers in other countries to counteract the decrease in exports to China," said Sfeir.

"Capital market opening-up has accelerated substantially this year, with launches of the Shanghai-London Stock Connect and the Nasdaq-like tech board STAR Market," said Wang Tingting, an associate professor of finance at Central University of Finance and Economics in Beijing.