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"Forty years ago, a train with a speed of more than 40 kilometers per hour was the most efficient transportation on the Qinghai-Tibet plateau. So being a train engineer was an extremely honorable thing for a family," he said.

"Growth of mobile payment tools is faster than that of any other payment models. The trend indicates that mobile payments will become the mainstream payment model across China in the near future," said Zhou Yuedong, vice-president of the credit card division of ICBC, the country's largest lender.

"For our company, China is the first destination that we decided to make the attempt of such a digitalized solution. The country has an obvious advantage in digital healthcare," said Asgar Rangoonwala, president of Xian Janssen.

"For the automotive sector, we are investing in cellular technologies and 5G deployment. That will be very important for the next few years," Paliwal said. And he promised to keep investing in the market as needed.

"For established ones, the problem is how to brace themselves for the future, and for startups it is how to realize their blueprints."