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"For the time being, many companies still hold a wait-and-see attitude. More publicity work should be done to raise people's awareness of methanol cars," he said.

"For example, tourists usually choose nearby destinations for road trips, such as suburbs or outskirts of their city, during three-day holidays, such as Tomb Sweeping Day and May Day. But during seven-day holidays, such as Spring Festival and National Day, people like to travel farther," he said.

"Fintech is making profound changes on the financial landscape," said Jiang Yang, vice chairman of the China Securities Regulatory Commission, China's top securities watchdog.

"Given the rising external uncertainties and the possibility of escalating tensions with the US, structural reforms to broaden the home market and boost domestic demand will help China offset some negative impact from a deteriorating external environment and shrinking external demand," Zhang Ming, an economist at the Institute of World Economics and Politics of the Chinese Academy of Social Sciences, said in a research note.

"Foreign investors — they're cancelling a lot of their trips. A lot of people are — I mean I have a meeting tomorrow with local investors who are thinking about moving their money out of Hong Kong. But I personally believe Hong Kong will become strong very quickly after these events end. Because we have great fundamentals. The fundamentals for me are, common law, independence of the judiciary, free flow of information, people and capital."