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"China is a very important player now," Lora Chen told Xinhua. Chen is a Chinese entertainment specialist who joined the DH's China panel, and the president of iQica, a Los Angeles based Film Production and Service Corporation.
"China is making good progress toward higher quality growth. But the journey has just begun," Roach added.
"China is one of the most tech-savvy countries where consumers are responsive to embracing the latest things and trends worldwide, creating new opportunities for foreign firms," said Hammes.
"China has become the largest piano market in the world," said Tan Chan, board secretary of Pearl River Piano, one of the biggest Chinese piano makers in Guangdong province. "But if you compare the number of pianos per hundred households, the number is still behind Japan, Europe and the United States. There is large potential for growth in the future."
"China offered a model of recovery, stabilization and then growth," David Weinberg, CEO of Skechers USA Inc, told analysts on an earning call. Overall, the sneaker company's quarterly sales dropped 42 percent from a year earlier but were bolstered in part by 11.5 percent growth in China.