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"Compared with other major central banks of developed economies, the PBOC's balance sheet expanded only moderately, and it has room to further cut the reserve requirement ratio and interest rates," said Zhang Xiaohui, a senior researcher at the China Finance 40 Forum, which engages in finance policy research, and former assistant to the governor of the People's Bank of China, the central bank.

"Consumers aged 23 to 38 are willing to spend on luxury brands, and financially able to do so. Fully 70 percent of China's millennials own their own homes — twice the rate of US millennials, according to HSBC's Beyond the Bricks study," the report said.

"Chinese students alone contribute billion, alongside countless other benefits, so even a modest reduction in Chinese enrollment would be devastating," she said.

"Companies can just deploy their business on AWS and tap the local market. We are actually facilitating the business operations of companies while they are seeking business opportunities abroad."

"Chinese investors have the ability to add value to our economy, create more jobs and boost our export value. They are certainly welcome," he said addressing hundreds of Chinese investors exhibiting in the event.