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"China's financing support to Africa is mainly invested in infrastructure construction and the field of production, which has greatly improved the environment for Africa's economic development, added to its appeal to foreign investment and enhanced its capability to achieve self-driven development," she said.

"Consumption via bank cards accounted for 48.7 percent in China's total retail sales of consumer goods, rising for a fourth year, giving a strong boost to consumption growth and upgrades," said Huang Runzhong, secretary general of the association.

"China's smartphone market is declining because consumers are holding on to their phones for longer, operators like China Mobile have reduced their smartphone subsidies, and device makers such as Huawei have launched fewer 'wow' models to tempt shoppers back into retail stores. Some consumers are finding their smartphones 'good enough' and are pausing on upgrading," Neil Mawston, executive director at Boston-based Strategy Analytics, said in an email.

"China's business environment in terms of finance, logistics, communication, shipping, and technological innovation is becoming more and more promising," said Ian Chung, chief executive for China of AECOM.

"Chinese consumers are realistic, and they have very clear expectations about how they see electric vehicles in their daily lives, as well as in wider society," said Yale Zhang, managing director of consulting firm Automotive Foresight in Shanghai.