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"Fiscal policy should stay slightly expansionary, shifting from spending on infrastructure toward strengthening social safety nets and promoting green investment," Okamoto said.

"For the next phase, it is critically important to keep the overall capacity from growing, while at the same time to optimize the capacity layout in the industry and increase product quality to achieve high-quality development in the sector," he said.

"For the government, it is important to support leading private businesses to keep expanding their volume of equity financing and to establish a more tiered capital market to boost the financing capacity of manufacturers," said the acting dean.

"Given the strong presence of leading and fast-growing IT firms in the area, Zhongguancun remains a bright spot for investment opportunities in Beijing," said Michael Wang, head of capital markets for JLL in Beijing.

"For me, making money is only one aspect of the business. It's more important that hanfu is recognized by a wider audience," she said.