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"Currency needs to find the right level, I don't worry about Chinese renminbi depreciation," said the EBRD president, who shared an optimistic outlook on the world's second-largest economy.

"China's current financial system mainly consisted of banks serving an economy dominated by the manufacturing sector. Looking ahead, however, the services sector, especially technological innovation enterprises, will become the driver of the Chinese economy," Hong said.

"Chinese consumers, especially those born in the 1980s and 1990s, are increasingly pursuing travel experiences that are comfortable, tailored and individualized," said Neil Wang, president of consulting company Frost& Sullivan China. "The change in the demand side will stimulate the change of the supply side, and both sides will together drive the growth of the sector and the overall economy."

"Current values recorded by the monitoring network are as high, or higher, compared to similar wildfire emergencies, and underscore the severity of the current situation."

"Chinese consumers are attaching more importance to food safety, nutrition and health, and have more diversified requirements for food, so high quality food will be what the industry is heading for in 2019," he said.