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Analysts say enterprises may continue to register high growth next year

Anand Rao, an AI consultant at PwC, said initially North America would have faster productivity gains from AI than China because of its mature infrastructure. "But China will begin to pull ahead of the US in AI in 10 years after it catches up on both relevant technologies and expertise," Rao said.

An open, inclusive, transparent and non-discriminatory multilateral trade regime with the WTO at its core is in the common interests of not only China and Europe but also the whole world.

And it is all the more surprising that this mentality appears to prevail given the welter of recent cases where Chinese companies have not only invested heavily in struggling UK and European companies but have continued to build ever more competitive Sino-UK corporate partnerships.

And as their fame accumulates, some KOLs will choose to launch indigenous brands.