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Angelica Anton, founding partner of Silk Ventures, said her team's China connections are among the main attractions for member companies. Anton worked with the foreign direct investment team at the Hangzhou local government before relocating to the UK.

And, now, matcha chocolate truffle, matcha cookies, matcha pudding, matcha cheese tarts, vanilla matcha lattes and matcha ice creamall made with matcha powder produced in China - are available at Matcha Village in Beijing's Sanlitun area.

Analysts said the restrictive policies could weigh on property development investment, dampen construction activity, and add pressure on the economy.

Andy Goss, JLR's sales operations director, said the sales rise in China and North America contributed to another strong month for the automaker globally.

Analysts also expect Beijing to provide more support for smaller banks since they play an important role in funding private SMEs and low-income individuals, which have suffered more from COVID-19's effects.