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"Compared to August and September, a distinctive characteristic of October was that house prices in the secondary market showed signs of softening, with 14 cities reporting a drop," said Zhang Dawei, chief analyst at Centaline Property Agency Ltd.

"China's AI industry is flourishing currently, epitomized by the fact that an increasing number of tech breakthroughs are being made. AI is also being applied in a string of vertical industries," said Chen Zhaoxiong, vice-minister of industry and information technology.

"Chinese consumption for fine fragrance is still at its early stage. It may take another five to 10 years for the Chinese market to become mature enough, which in turn provides many opportunities for Chinese and international brands to exploit," Cai said.

"Chocolate brands with high cocoa content will increasingly cater to the demand of Chinese consumers who pursue a healthy lifestyle. Hand-made, giftset, and high-end chocolate will be the focus of the industry's future growth," said Frost & Sullivan China president Neil Wang.

"Chinese companies could invest in Britain which would then give them a leg into the bigger European market. I think some of the appeal of Britain must drain away now."