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"Even in the best-case scenario of limited outbreaks in countries outside China, a sharp slowdown in world growth is expected in the first half of 2020 as supply chains and commodities are hit, tourism drops and confidence falters," the Paris-based group said in a report.

"During this very successful trade mission, I announced deals worth over 60 million euros (.94 million) for Irish companies. That is very clear that Irish companies are successfully competing in the Chinese market and I hope that we can continue to compete and develop further opportunities," she added.

"Electric mobility will be one of the biggest game-changers in the decades to come, and China clearly intends to lead the way," said Hubertus Troska, a board member at Daimler AG, responsible for China operations.

"During the first 10 months of 2018 there were 131 financing deals in the sports industry, merely one more than in the same period last year," said An Fuxiu, founder of Sportbank, a Beijing-based sports industry consultancy. "Unlike previous years, investors have become more rational, but are still passionate about premium projects."

"Demand for gas has surged in China in recent years, which has posed a potential threat to the country's energy security. Underground gas storage, on the other hand, could well meet the peak for gas consumption and is a necessary part of the natural gas industrial chain," he said.