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"But, to be clear, we do not see a recession in the near term. In fact, we expect some pickup in growth in the second half of 2019 and into 2020," she said, adding that the growth is set to benefit from the now more-patient pace of monetary normalization by major central banks led by the US Federal Reserve and "from increased stimulus, in China for example".

"China has embraced a robust development of both e-commerce and related logistics, and we have quite a lot of experience to share with other countries in this regard. But to do this, we need not only to lead in the quantity of business, but more importantly, to have a well regulated and healthy market," Ouyang said.

"By combining Centaline's thorough understanding and experience in property agent business together with Fangdd's strengths in technology and online business, we expect Yuancui to achieve better development in the future," said Shih Wing Ching, founder and chairman of Centaline Group.

"But locals in dispersed villages still rely on township-level delivery service stations and had to drive long distances to pick up their goods," he said, "With the goal accomplished, it will help rural people make the best use of the service in a bid to further facilitate the transportation of local products and boost rural household consumption."

"Canada's trade with China is growing very fast; our trade with China increased by 23 percent between April and August this year," Freeland said. "It is a good thing.