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Chinese consumers appeared somewhat more optimistic, with 68 percent of those surveyed believing that sharing economy platforms bestow greater benefits than risks. Generally speaking, 52 percent of respondents cited concerns over personal safety, followed by quality of service and damage to assets (both with 42 percent), theft (40 percent) and lack of sufficient safeguards if something goes wrong (38 percent), the Lloyd's report added.

Chinese Vice-Premier Liu He said on Oct 19 that China will strive to maintain steady economic growth and prevent financial risks with a relatively stable macro leverage ratio. On the same day, heads of the nation's three major financial regulatory authorities -- People's Bank of China, China Banking and Insurance Regulatory Commission and China Securities Regulatory Commission -- expressed their support to bring back confidence in the stock market.

Chinese demographics are changing. The millennial generation, 400 million people in all, accounts for nearly 30 percent of the country's population. The cohort are known to have high mobility and are more willing to move to cities for work. That has pushed up demand for rented accommodation.

Chinese companies have already resumed their work in markets participating in the BRI development. China Railway Construction Corp, one of the country's two biggest rail construction contractors by revenue, reported that it had successfully installed the main steel frame of Lusail Stadium earlier this week for Qatar's World Cup in 2022, in the coastal city of Qatar.

Chinese companies and individuals are awaiting the unveiling of a more aggressive tax cut plan, which could be soon and aims to lower business costs and reserve more income next year.