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"Currently, we are inviting overseas coffee masters to visit China with our festival, and we are also aiming to bring China's baristas and coffee shops to the world one day. We want to show the world that there are professionals in China making some good coffee."

"China's opening-up of the financial sector has provided business opportunities for foreign financial institutions, as well as promoting reform and competition in the domestic financial markets," said Chen.

"Considering the European market tends to be conservative and stable, the end of the EU's restrictions won't affect demand immediately but the demand in the European market is likely to be higher than the originally anticipated figure due to price cuts starting from next year," he said.

"China's industrial development is improving month-by-month as a slew of policies by the government take effect," said Xin, adding that some changes also took place.

"China's steel output grew rapidly in the first quarter of 2019, and crude steel output from China accounted for more than half of the world total, a record," he said, adding the increased output has led to increased steel inventories.