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"China's accelerating consumption as well as market opening-up will help the beauty market grow bigger and more sophisticated," said Lucia Zheng, CEO of Rosilolly. The company aims to be China's Ulta Beauty Inc, the largest beauty retailer in the United States, thanks to a large presence in small cities, targeted marketing to young women and a highly reliable member service.

"China resolutely follows the path of peaceful development and upholds a defense policy that is defensive in nature," he said. "China's military spending is open, transparent, and grows at a moderate level."

"Currently cinema owners like us are already facing cash flow challenges with little revenue coming in and continuous expenses for rent, equipment and staff," Wang said.

"Chinese travelers on average took only 0.4 flights in 2016, a quarter of the United States. But China has a population more than four times the latter, providing enormous room for growth," Chen said.

"Creating art gives artists purpose and fulfillment in life, and as long as they have an audience, they are creating cultural products that mean something to the public," he said.