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"Consumption rapidly recovered on demand for consumer staples such as food and beverage and daily necessities. Among durable goods, car demand recovered remarkably," said Piao.

"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.

"China's shale gas production is still expanding despite the energy price crash," said Li Ziyue, an analyst with BloombergNEF.

"Currently, we are still collecting inquiries from our member companies," Chan said. "But we have already booked 150 square meters of area for exhibition for next year's event."

"Chinese movies have gained unique influence and power thanks to the rapid development of the movie industry (in the past five years)," said Zhang at an earlier meeting in Qingdao, Shandong province.