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"By combining Alibaba's massive data assets, businesses can identify, segment and build tailored content for the best results," he said.

"China is home to unmanned shelves with customized stock keeping units based on profiling of frequent customers－and facial recognition payment," said Lannes. "It is a market that has leapt beyond the integration of online and offline retail to introduce ubiquitous shopping across a range of consumer touch-points."

"CIIE offers British firms a unique platform to connect with Chinese businesses, investors and consumers," UK Trade Secretary Liam Fox said, as head of the British delegation to the ongoing event in Shanghai.

"China is showing the way for the rest of the world, in terms of beauty sophistication, as well as e-commerce and the level of digital connectivity," he added.

"But none of us expected that the tea could make such a big difference in our lives."