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"But this gentleman simply equated economic improvement with personal improvement, assuming that this is what would happen," she said. "But in China, this is the case — there's been extraordinary degrees of improvement in the lives of people."

"China could pursue more market-based economic reforms that would bolster confidence in the renminbi," said the department.

"China is in the international spotlight," said Yan Mei, Brunswick Group's senior partner in China. "Despite current geopolitical and commercial tensions, Chinese companies are still looking overseas to grow their markets."

"But now the association has more than 4,000 members, and the price of craft beer has dropped to tens of yuan a can," says Li.

"China has accumulated more than 30 industrial internet platforms with a certain size and commercial capacity. Moreover, more than 630 companies and institutes in fields including manufacturing, automation and the internet have joined the industrial internet alliance," he said.