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"Greater efforts should be made in streamlining administration, enhancing compliance oversight and delivering better services to foster an internationally competitive business environment that provides equal treatment to domestic and foreign enterprises and stimulates the vitality of market entities and social creativity," he said.

"From my point of view, Shenzhen could be, (and) should be the design capital in China," Egger said, adding all the elements are present, including technology, young people and emerging trends.

"From an economic perspective, a trade war would be a 'lose-lose scenario' and negotiation is the preferred approach to reach a 'win-win' outcome", said Zhu Haibin, chief China economist and head of China equity strategy at JPMorgan. "Investors believe there is still room for negotiation between the two sides."

"For the next step, we will continue to improve the clinical efficacy of TCM, promote international education and training, and include TCM products in the international pharmaceutical market," she said.

"Growers have to cut out the roses once they bloom to make space for the next batch. If the roses are left rotting in the fields, they will attract insects and infect other roses, so they have to be burned," Zheng adds.