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"By reducing administrative controls, investors' willingness to trade more could be strengthened," Dong said.

"China always looks ahead to the next stage, and that, I think, is even more important now than it ever was," said Nicholas Stern, chair of the Grantham Research Institute on Climate Change and the Environment at the London School of Economics and Political Science.

"China has played an important role in the growth of this business segment," Tikal said. She said due to Dubai's convenient location and visa on arrival policy, there was also an increasing demand for small-scale conference services from Chinese businesses.

"China Mobile will launch 5G smartphones in the first half of 2019, as part of the push for 5G precommercial trials in 2019 and commercialization by 2020," said Li Huidi, vice-president of the major telecommunication carrier.

"China is and will remain our largest single market... We want to continue to grow profitably there and to develop products and services that are precisely tailored to that market," Schot added.