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"Chinese tourism is a big prize in global trade. ... On this front, the US has more to lose than China," Robin Winkler, foreign-exchange strategist at Deutsche Bank, said in a note in June. The trade war "would likely take a severe dent to household income growth to squash the new middle class's appetite for passports and foreign travel. A weaker exchange rate could make foreign travel somewhat less affordable", Winkler added.

"China's regional leaders have long become aware that city clusters will play a vital role in regional and even the whole country's development," said Han Yongwen, vice-president of China Center for International Economic Exchanges. "According to the 13th Five-Year Plan (2016-20), the country is planning to set up 19 city clusters, accounting for 22 percent of the country's total size, 54 percent of the national population and 75 percent of the national GDP."

"China's economy has been transitioning from a phase of rapid growth to a stage of high-quality development," said the report delivered to the 19th Communist Party of China National Congress in October. "This is a pivotal stage for transforming our growth model, improving our economic structure, and fostering new drivers of growth."

"Cooperation with foreign counterparts plays an important role in exploring international markets as local partners and special personnel that better understand local markets will help Alpha easily integrate with foreign markets," said Seven Wang, executive assistant to Alpha's president.

"China's involvement with hydropower projects overseas has been developing rapidly in recent years in both scale and amount," said Wei Hanyang, a power market analyst with Bloomberg New Energy Finance.