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"Gree's future development should rely more on cutting-edge technologies in the artificial intelligence and robotics sectors, which will be a trend in the global manufacturing industry," said Rao.

"Given there is little room for home prices in the 70 large and medium-sized cities surveyed to rise, price growth on a yearly basis is expected to stay on a downward track," said Yan.

"Given the increasingly converging China-US interests and the close-knit pattern of the two countries being mutually dependent, there will be no future or winner but only losers in a trade war," she warned.

"Flowers are becoming a necessity for Chinese families," he added.

"For us, China's not simply a large-scale consumer market, but also an important source of innovation as well as a major element of the industrial value chain," said Jochen Goller, president & CEO of BMW Group Region China, during a special session of the China Development Forum which concluded Saturday in Beijing.