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"Currently we are going through one of the biggest slowdowns that we have seen in recent times," Pawan Goenka, managing director at automaker Mahindra said earlier on Wednesday after the company reported a quarterly profit.

"China's textile industry urgently needs to figure out how to face the challenges brought by the new era of reform and opening-up," said Sun Ruizhe, president of the China National Textile and Apparel Council. He added that "technology, fashion, green" has become the new label for China's textile and garment industry.

"Coupled with the AWS China (Beijing) region, the second AWS China region will serve as the foundation for new cloud initiatives in China, especially in western China, helping to transform businesses, increase innovation and enhance the regional economy," said Andy Jassy, CEO of AWS.

"China's outbound tourism has witnessed constant growth in recent years," said Jason Song, founder and chief executive officer of Pkfare, an innovative global travel B2B marketplace targeting air tickets, hotels and destination products.

"Clearly, the British government is prioritizing the countries to whom it has the largest tourism flows, under strong pressure from both the UK travel industry and those destinations, who rely on British tourists," he said. "This might help to explain why China was not included, but it ignores the huge and growing contribution of Chinese inbound tourism for the UK economy, and the significant flows of people moving for business and family reasons between the two nations."