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"China is able to meet its full-year GDP growth goal of 6 percent to 6.5 percent this year," Zhu Jianfang, CITIC Securities chief economist, said at the monthly China Macroeconomy Forum in Beijing. "Considering the previous supportive policies, it is possible to see the economy stabilize in the next quarter."

"But there are fewer restrictions." It does seem fair that Crispr- Cas9, being largely a US-developed tool, should first be tried on humans in the US, but the hoops and red tape of the review process by the Food and Drug Administration (FDA) have delayed the most promising experiment - a team led by Dr Carl June at the University of Pennsylvania - for two years.

"By next year, the RMB may strengthen another two percent further."

"China is not in its bones a nation state, but a civilization state. China has always had to accept a great deal of diversity across the country. Nation states such as in the West, where there is much greater homogeneity, would not be able to tolerate that difference," he said.

"China does encourage more exchanges with foreign companies, and also it is very open for business. And that kind of spirit is something we DIHK of course very much support," Koenig added.