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Andrew Saunders, agricultural director at Tulip, said that the company has increased sales to China by around 80 percent this year compared with 2018. Saunders told CNBC he expects this trend to continue into 2020.

Analysts from China Securities wrote in a note that the first companies included in the Shanghai-London Stock Connect are very likely to be from the UK's FTSE 100 index, focusing on traditional economic sectors such as finance, energy, industry and consumption.

Analysts hold there is room for further tax reductions through measures such as lowering corporate income tax and expanding the scope of expense reductions for enterprises. Currently, China has three brackets for value-added taxes at the ratios of 17 percent, 11 percent and 6 percent respectively. The country can reduce the three brackets into two in the future, analysts suggest.

Analysts believe new energy cars will soon seize a larger share of the car industry, especially in China. The country has released a policy that carmakers must produce a certain number of new energy cars for the Chinese market starting from 2019.

And that includes the Democratic People's Republic of Korea, which has long justified its development of nuclear weapons against the military threat from the US.