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"China's continuously improving business environment, growing innovation ecosystem, and its stable policy environment gives us confidence in the future of the market," said Christine Zhou, senior vice-president and president for the China region for Novo Nordisk.

"Considering the White House's recent track record on event hosting, we never expected its 'packed season of holiday parties' to spread cheer," freelance writer Claire Lampen wrote in her article carried by The Cut, New York Magazine's fashion and lifestyle site, on Wednesday.

"Companies can put the money saved into research and development or use it to tap into new markets," Xu said.

"China will take multiple measures to further increase imports next year such as hosting the second China International Import Expo and increasing imports of agricultural and resource products."

"China's exports saw challenges with the rise of trade protectionism," Ren added. "The economy also felt the pinch from a tightening of liquidity conditions during financial deleveraging. While this has reduced credit risk, it has also increased financing difficulties for private enterprises."