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As urbanization further progresses and the population of the middle class further expands in China, China's consumption market scale will keep enlarging. "There are still huge growth potentials for US exports to China in the future," Xu added.

As the performance of the machinery sector will pick up, it is still able to achieve a 5-percent growth in industrial output for the whole year, it said.

As the over-subscription represents 20 times or more of the total number of offer shares initially available under the Hong Kong public offering, the reallocation procedure in the prospectus has been applied and 37.5 million offer shares have been reallocated from the international offering to the Hong Kong public offering, it noted.

As the host city, Shanghai has been holding rehearsals, improving city infrastructure and training volunteers to meet needs of the upcoming event. A comprehensive rehearsal was held at the expo venue on Oct 4 covering various scenarios.

As times change in China, along with the rest of the world, traditional virtues are affected.