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"China is moving to become a publishing power in the world, which provides a good opportunity for the development of the publishing industry on both sides of the Straits," said Wu Shulin, executive vice-president of the Publishers Association of China, on Friday.

"Central banks can act quickly to help ease the tightening of financial conditions by injecting liquidity and cutting interest rates, thus preventing a possible credit crunch," said Tobias Adrian, an official at the International Monetary Fund. "In fact, markets have been anticipating aggressive easing by central banks, as reflected in the sharp fall in sovereign bond yields in many countries around the world.

"China had a late start in nuclear energy compared with other countries," Guo said, adding that the country began building nuclear plants in the 1980s, about a decade after the United States.

"China is no longer copying the US. Now the reverse is true. Facebook has copied WeChat in private group messaging and followed 15-second video app TikTok. Amazon has imitated Alibaba in online retailing. Lime has followed China's original Mobike and Ofo brands in bike-sharing," said the report.

"CIIE offers a good opportunity for global companies to strengthen cooperation with China, and will bring about lots of opportunities for global companies," Tedjarati said, adding that Honeywell's connected supply chain solution, Connected Freight, has made its China debut at the expo.