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"Education firms' funding rounds have become fewer this year, but the average funds raised in a single funding round have risen," said Chai Mingyi, associate vice-president of New Oriental Education and Technology Group.

"Environmental pollution and climate change are among the greatest challenges facing developing countries, and China has taken a leadership role among developing countries in transforming the nation toward sustainable environmental and energy policies," Biswas said.

"European customers prefer simple and elegant designs for Christmas trees, green pine trees with snow, and a couple of jingle bells would be enough," said Zhu Zhijuan, who went on about different regions' preference regarding the choice of a Christmas tree.

"Dubai's rise as a business events destination has been a key contributor to this growth, with the city hosting conferences like the Dubai China Conference that took place on Sept 19 and 20 in 2018 with over 900 attendees," said Jakobsen, adding that the city is already scheduled to host another China-related big-ticket event in 2019 that will attract some 800 delegates.

"Even though recession fears are widespread, we expect some recovery in 2020 as China's overcapacity problem is being addressed, supply chains are getting restructured, the risk of an escalation of trade disputes recedes, and productivity growth continues to recover," said Bart van Ark, chief economist of the research group.