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Despite the complete range of varieties and specifications, Chinese stainless steel products still lack innovation in terms of core technologies.

Despite the challenges, Zhao said he doesn't feel tired and likes to physically challenge himself.

Demand for high-skilled professionals in some manufacturing sectors remains robust, while the service sector is expected to be a mainstay in new job creation.

Deng bought two automated production lines at the end of November to boost efficiency. "We never thought about doing this before, but this year has been so busy," she said. "One automated production line is the equivalent of 10 workers."

Despite escalating trade frictions, China's determination of opening up has not been affected, he said. "China will maintain strategic composure and continues its transition from a large manufacturing nation to a high-quality manufacturer in accordance with established goals and policies."