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"China has a large number of small and micro-businesses, and this helps create a large number of jobs in China," she said. "Yet such businesses also have clear disadvantages, such as being vulnerable to risks. This requires the government to give them more policy support, especially tax incentives, to help them grow steadily."

"China has a deep culture which has never faded, and people are proud of that," she said.

"China is the world's second-largest energy consumer and relies heavily on imports to meet its huge demand. Promoting methanol fuel as an alternative can help reduce such dependency," He said.

"Buying home is still a hot topic in smaller cities like my hometown Jinhua in Zhejiang province, with considerable people making the purchase during the Chinese New Year holiday," said Yan Yuejin, research director of the E-House China R&D Institute.

"But, Guangdong should pursue world-class standards of economic governance to avoid missing out on considerable foreign investment in the future," Lau said when the European chamber released its South China Position Paper 2019/2020 in this Guangdong provincial capital on Wednesday.