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"Global green bond issuance totaled .6 billion in the third quarter of 2018, bringing the total volume for the first three quarters of the year to 9.6 billion versus 2017, when it was 0.1 billion. August and September saw a significant slowdown in issuance, and the market remains below the pace needed to achieve our revised full-year forecast of 5-0 billion," according to Moody's analyst Matthew Kuchtyak.

"Guangzhou is one of the best places for the fourth industrial revolution," said Klaus Schwab, founder and executive chairman of the World Economic Forum.

"Full solutions" are becoming more prevalent, he stressed, citing the example of applying big data, artificial intelligence and autonomous vehicles to create the future of mobility.

"Fortunately, data tariffs are priced attractively against 4G, complete with tiering by speed for different user needs," IDC said, adding that it expects a significant amount of industry momentum to drive volumes in 2020.

"For over 150 years, China has been a central part of HSBC's story. In that time, I think we've built a special relationship with the country and its people, and that's why this epidemic feels particularly personal to us," said Noel Quinn, interim group chief executive of HSBC Holdings, in a video message to the organizer of the China Development Forum.