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"Currently, Chinese people are ushering in an era of consumption upgrades that attached more importance to development and enjoyment, providing strong support to create a robust domestic market," said Wang Yun, director of the consumption office of the economics institute at the China Academy of Macroeconomic Research.

"Chinese clients regard value-added services as important and we are hoping to bring a comprehensive range of products and ideal solutions to core customers. This will not only bring us more customers but attract more companies and individuals to our brand," he said.

"China, as the largest market in terms of the amount of data, is really using AI to add value to traditional businesses," said Lee.

"China would be more open to the world economy, through efforts such as hosting a China International Import Expo," he said, adding that China' s foreign trade will grow steadily and support 8 to 9 percent of the total economic growth.

"Chinese people spend billions of dollars on overseas trips every year, among which about 40 percent goes on accessories, including jewelry and watches," Li said. "That opens a 600 billion yuan market for the related business sector here."