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"China's textile industry saw robust development in the decade before and after its entry to the World Trade Organization in 2001, largely thanks to foreign trade," she said. "But low-quality Chinese textiles had begun to lose their price advantage in global markets by the time I graduated. It was then I realized that high-end textile manufacturing would be a new trend."

"Comparing it to SARS (severe acute respiratory syndrome) 17 years ago, China shows more confidence to fight the outbreak," Wang Peizhong, an epidemiologist and professor at Memorial University of Newfoundland, told China Daily.

"Christmas is a time of growing excitement here in China, especially among the younger generation. We see them visiting with family members to share a meal in our restaurants for example, and spending Christmas eve with friends having fun together in our VUE Bar," says Hyatt on the Bund General Manager Mark Foxwell.

"Consumer demand of the 1.4 billion population is changing, and the Chinese people need more imported goods to meet their demands, which means a huge potential for growth," said Victor Gao, vice-president of the Center for China and Globalization.

"Companies that aim to invest overseas should have a long-term vision, and not to focus just on short-term profits," he said.