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"Compared with Hong Kong and Singapore, Hainan will utilize its own resources to develop. I think it will have a late-mover advantage with a relatively faster development pace," Chi said.

"Chinese consumers have shown a higher requirement in terms of quality of food. The improvement of quick-frozen technologies will help enhance the taste and nutritional values. There is an expectation of more varieties of frozen food in the future," Wang of Frost & Sullivan said.

"China's economy will not suffer from a hard landing next year," said Yang Yiyong, director of the Social Development Research Institution, part of the National Reform and Development Commission, a top economic regulatory body.

"Chinese philanthropists are seeking more profound social influences and values. Last year, 12 out of the 100 largest donors were women; family charity and female charity will become major impetus to push for-ward large donations."

"China's AI industry is booming," Zhang said. "There are always arguments that there will be companies that will not survive. Maybe, 90 percent will go to the wall."