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"China's government, as always, promotes sustainable development, but more and more it realizes that this sustainability can only be reached by creating new innovation that both grows new markets and addresses changes to the external environment," he said.

"Confidence is high. We are delighted to have exchanged with Strawberry Star on the first buildings, this is a win-win for both companies," said John Miu, chief operating officer at ABP London.

"Customer demand in China, in particular, has struggled to recover following changes in import tariffs in July and intensifying competition on price, while ongoing global negotiations on potential trade agreements have dampened purchase considerations."

"Contrary to what was alleged in the US President's Executive Order, these agreements are not US' preferential treatment for Hong Kong. They are bilateral agreements negotiated in good faith to benefit the peoples and businesses of both sides in areas of law and order, shipping and tax treatment. The US' unilateral decision reflects its disrespect for bilateralism and multilateralism under the current administration and should be condemned by the international community," a spokesman for the HKSAR government was quoted as saying in a press release.

"China's support, via its companies and credit lines, led to an agreement between the two countries. It has been one of the main drivers of all this transformation," said Fiad.