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"From an economic perspective, a trade war would be a 'lose-lose scenario' and negotiation is the preferred approach to reach a 'win-win' outcome", said Zhu Haibin, chief China economist and head of China equity strategy at JPMorgan. "Investors believe there is still room for negotiation between the two sides."

"Generally, companies in Guangdong have been seeing relatively stable development, although their businesses were under some strain from the Sino-US trade dispute," Ma said in a recent meeting.

"Figures from the Organization for Economic Cooperation and Development showed that the taxes regarding vehicle purchases and ownership in China are much higher than countries with a developed automobile industry, such as the United States and Japan," Chen said.

"Further opportunities will come for future development such as GDI injector and electrical components for new energy vehicles," he said.

"First, many companies are not fully aware of the importance of developing the industrial internet. Second, there is still a lack of platforms, such as technology parks and innovation incubators, to boost industrial internet development," he said. "Third, there is still a lack of talent in the area of the industrial internet, and the country needs to enhance efforts in training such personnel."