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"China's national economic growth strategies, including urbanization, Belt and Road Initiative, clean energy and Internet plus, have provided tremendous opportunities for GE," said Duan.

"Chinese culture is multifaceted. We focus on each aspect every year. For example, in 2014, our theme was the city, and its people and culture. In 2015, we fixed our eyes on the Chinese devotion to their country and for a better life. In 2016, it was about ethnic charms. The green ecological culture in 2018 piqued our interest. In the first few years, the project could only attract a small number of foreign talents, and most of them were filming in big cities such as Beijing. By now, their works almost cover the country," Huang says.

"China's economic recovery has become more broad-based" and domestic demand saw "a strong catch-up in October, reaching a level similar to industrial value added and exports," said the think tank in its monthly Recovery Tracker.

"Currently, China has entered an aging society. As the percentage of the senior population is rising quickly, building an elder-friendly society is an urgent need," said Lei Fanpei, chairman of CASC.

"Currently, retail investors are not fully engaged in REITs-like products. If these details are made clear in the near future, the REITs market in China could be significant," said Hu.