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"China will continue to outshine others at a time when the developed countries are expected to remain mired in economic stagnation," said Justin Yifu Lin, former World Bank chief economist, at the forum, adding that China's economy will remain robust and serve as the world's economic engine.

"Compared with other regions in the capital, the traffic and weather conditions of Yanqing are not the best," said Jiang, who is also deputy director of the expo's organizing committee. "I was a bit worried whether Yanqing could represent Beijing to bid for the expo in 2012."

"Commercial property investment remained active in China, driven by (the) strong appetite of foreign investors," said Ben Duncan, CBRE's president for North Asia.

"Chinese immigrants opened restaurants to make a living, especially when the Chinese had very limited employment opportunities because of racial prejudice," Yong Chen, a professor of history at the University of California, Irvine said.

"China, especially center areas in the first-tier cities, has now slowed down its development and construction in the real estate industry," said Gu Jianping, chairman and managing director of Shanghai Tower Construction and Development Co Ltd, "a more serious consideration is how to effectively manage the current assets in this field."