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"China today is one of the biggest markets for irrigation in the world and it will continue to grow," said Gal Yarden, vice president of the Israel-based Netafim, the inventor of dripping irrigation technology and also the world's leading irrigation system provider.

"Chinese companies are now paying more attention to physical investment as the declines in overseas manufacturing industries were smaller compared to those in the property, culture, sports and entertainment sectors," said Ma Yu, a senior researcher at the Chinese Academy of International Trade and Economic Cooperation in Beijing.

"Chinese ebony carving requires much more complicated techniques than normal wood carving," Zhou Kui said. "Especially in the drying and polishing process. Very few people in China have done such a large piece before."

"Chinese mainland's continued effort to open up means that it will continue to expand existing business and financial schemes as well as roll out new programs in the future where Hong Kong will play the key role as the gateway," said Tommy Wu, lead economist of Oxford Economics, a British think tank.

"China's high-tech industries, represented by new technologies, new industries, and new products, have maintained rapid growth in recent months," she said.