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"Consumers in Europe and the United States are still used to shopping in brick-and-mortar stores, where they get most of the brand recognition. We have to respect the status quo of the mature overseas markets. We have to adjust to the local market rules by adapting our products, pricing, and distribution strategies," he said.

"China's regulators were trying to buck the trend by keeping the yuan stable for a long time, but they are probably just going to let it follow market forces at this point instead of using precious dollar reserves to defend the yuan," Ann Lee, a specialist in China's economic relations and adjunct professor at New York University, told China Daily.

"Chinese President Xi Jinping once said, 'when the youth rises, the country rises; when the youth is strong, then the country is also strong'," Liu said.

"China will further ease market access, implement just and fair supervision, guarantee fair competition of different ownership subjects, and work to create an open, transparent, stable and expectable market and law environment for domestic and foreign enterprises as well as all kinds of talent."

"Currently, we are still collecting inquiries from our member companies," Chan said. "But we have already booked 150 square meters of area for exhibition for next year's event."