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"China is now the strongest in the internet ecosystem, visible almost in every vertical, including hardware manufacturing, technology advancement, user numbers and business environment. And that gives Chinese startups a natural advantage as they go global.

"China may do nothing," he added. "We need to wait until something actually happens."

"China has rich intellectual resources and a complex market structure. Multinationals have sped up the pace of setting up research and development centers in China in recent years," Wu said.

"China has the foundation as well as conditions to recover the economy," Ning said during an interview with People's Daily. "The trend of the Chinese economy toward stable long-term growth with sound momentum remains unchanged."

"China has such a richness of the most talented artists," said Ethan Cohen, an American collector and art dealer based in New York City who specializes in contemporary Chinese art.