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"Companies that have business relations with the US have already felt the shock," said Li Jianwei, chairman of Hangzhou Euroluck Import and Export Co, a cloth and textile trader. Li said orders started falling from the second half of 2018 on fears of punitive tariffs, though textile was not included in the additional tariff list then.

"China's poor rural areas suffer from poverty mainly because of information asymmetry. Many high-quality agricultural products are not sold in cities, while urban consumers are eager to buy healthy agricultural products," said Ge Shuang, head of Wenguang Tianxia, a company devoted to relieving poverty through e-commerce.

"Chinese education market is huge and is developing at a rapid speed. A group of education companies hope to advance education through technology and strengthen communication with foreign enterprises and institutions," said Chen Dinghong, chief advisor of TAL overseas.

"China's further opening-up will bring more development opportunities to multinational companies. Our development will be more diversified," he added.

"Currently, the overall risk of the country's financial system is controllable, but the financial sector is still in a risk-prone period due to multiple factors and is still facing a tough situation," he said.