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"China was going very fast, and the emphasis was on the rate of growth. In the new era, China will grow more slowly, but the emphasis would be on the quality of growth," Thornton said, adding that this is a good sign of economic maturity.

"Close to 2,000 exhibitors will present about 1 million books at the book expo and over 500 cultural activities will be held," he noted.

"Competition brings out the best of us. Square dancing gives us elderly people an incentive to get up every morning, and competitions provide us with a reason to keep dancing," said Yang, who created the troupe in 2001 with seven neighbors and colleagues.

"China's e-commerce sector has posted remarkable achievements as it drives global development," said Jennifer Ye, PwC China consumer markets leader. "Chinese internet giants are leveraging their own capital and technological advantages to create retail ecosystems, while consolidating offline spaces and upstream and downstream industries to maximize their competitive edges."

"China ranks as Houston's second-largest trading partner with an estimated value of over billion in 2018. Chinese investment in Texas, and in Houston in particular, has grown significantly over the last several years as evidenced through major Chinese investments from Sinochem, COSCO, CNPC, ICBC, Memstar, America Modern Green, Tianqing Real Estate Group, Satellite Petrochemical, and more," Shen said.