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"China has a high savings rate. It used to be a huge advantage, but we'll lose that advantage if borrowing grows faster than savings," he added.

"China is a massive market," Callander said.

"China is one of the first countries coming out of COVID-19's impact, though it is still careful of possible second waves," said Li. "It's important for business communities when looking at the market, you should look at the stability, and even with this challenge, China survived and came out strong."

"CNC machine tools are vital for the country's major manufacturing areas such as the auto, nuclear power, aeronautics and astronautics sectors," said Luo.

"CIIE provides a great platform for us, it will provide strong exposure for the firm through meetings with high-level government officials, influential trade professionals, including lots of existing and potential customers," he said. "KPMG will bring the latest digital innovations and technology to this year's expo in audit, tax and advisory services."