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"Consumption downgrade is more relative as it is just about a certain period of time or a certain group of people," said Wang.

"Consumers' curiosity and sense of immersion have helped increase the frequency of interactions with celebrities and thus the possibility of buying things that the latter promote," Yang said.

"Companies like to know what the price of their product is going to be, where their market is. They like those things long-term," she said, adding that a resolution of bilateral trade issues "in a substantive manner" will be of primary interest for US companies.

"Conditions are much better than before. In the past, I was only allowed to sleep in the cellar, but now I am living in a bright room," Cui said.

"China started operating its first maglev railway more than a decade ago but has since concentrated on conventional high-speed rail because it was hindered by many critical technologies at that time," said Sun Zhang, a railway expert and engineering professor at Shanghai Tongji University.