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"Getting the information and designing products－that is a very difficult situation everywhere," said Jonathan Morduch, a professor of public policy and economics at the Wagner Graduate School of Public Service at New York University.

"Given the lingering uncertainty over trade tensions, geopolitical issues and the lack of agreement on how to deal with climate change, the drop in confidence in economic growth is not surprising," said Bob Moritz, chairman of the PwC Network.

"Furthermore, in the future, to see whether we achieve success or not, we should check out if we are attractive enough to bring in talent and capital," Xiao added.

"Good talent in this sector is truly in high demand where they have numerous job offers at the same time, especially ones in artificial intelligence, big data, machine learning and algorithms, where we have seen a number of employers offering 30 percent increase in total salary packages and a few have up to 50 percent for those unique skilled talent."

"From January to September, new home sales volume declined 6.7 percent year-onyear in major first- and second-tier cities, and more than 60 percent of transactions in cities saw price drops last month," said Zhang.