British experts focus on China's long-term growth, reject worries

"At current growth rates China's economy will grow almost three times as much as it did a decade ago in absolute terms," he said.

Given the background of China's "new normal" on economic evolvement, Phillips suggested that increasingly, companies need to look at China with "more granularity," as there are significant differences in economic performance between provinces and cities, as well in different sectors.

For instance, gross domestic product (GDP) growth decline does not mean consumption decline or even consumption growth decline; the CBBC expects consumption to form a larger part of growth in the future, he said.

The CBBC highlighted that in the longer term, China's Road and Belt Initiative will see "new and exciting opportunities" emerge both within China and beyond, with revitalized trade and investment links through Central Asia and on to Europe.

The Silk Road Economic Belt, together with the 21st-Century Maritime Silk Road, commonly known as the Belt and Road Initiative, were proposed by Chinese President Xi Jinping in 2013.

The initiative bring together countries in Asia, Europe and even Africa via overland and maritime networks, with the purpose of boosting infrastructure building, financial cooperation and cultural exchanges in those regions. The network passes through more than 60 countries and regions, with a total population of 4.4 billion.