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Another lawmaker Aydin Mirzazade told local media that the opening of the BTK railway dramatically changes the situation in the region. "Cargo from China to Europe will be delivered faster, and at the same time, this project will strengthen peace and security," he said.

Apart from seeking for more business growth drivers in China, foreign banks are also eyeing more opportunities for doing business with Chinese companies overseas as an increasing number of the firms are expanding their global footprint, especially in the economies participating in the Belt and Road Initiative.

Another company, DiDaNo Technology, was able to dispatch its healthcare robots to over 100 kindergartens in Chengdu for test runs, with support from the local government.

Apart from the devaluation of the ruble since 2014, Ali Express' success could be a result of the company's transition of its business model from Business to Business (B2B) to Business to Customer (B2C), which simplifies the shopping process and enables goods to be delivered directly to customers, according to media analysts.

Apart from offering hands-on experiences with gadgets, the gala features music concerts, trendy culture, a food festival and a special area for young people to showcase their creative ideas.