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"By signing the agreement, both nations can obtain more information and have a better understanding of each other's markets," said Toshihiro Iwasaki, chairman of the Japan Investment Trusts Association.

"But the problem is, the aviation industrial players of other countries can't really stand as rivals to the US and Europe, given the current global aviation industry competition scenarios. The suggestion from the EU is more like something to mediate disputes and ease the situation, while the US is eager to crack down on the EU, and excuses can't really convince the US."

"Cash flow problems are forcing some SMEs in property to sell off some of their projects, or offload equity stakes, and sometimes sell out totally."

"China has reduced tariffs on goods such as cars and daily necessities since the beginning of this year, and is working with countries around the world with an opener attitude, said Li Xunlei, chief economist of Zhongtai Securities. "These all provides a good external environment for the high quality development of Chinese economy," he added.

"China is our biggest and fastest-growing single country of export that we do," Adams told China Daily.