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"Clean energy utilization and energy storage-two key themes of the conference-clearly have a key role to play," said Ding.

"China's capital market should be reformed to help long-term investors obtain higher yields than short-term ones, which will help refill the market with more patient capital," Jin said, adding that both the market and the government can come into play in that respect.

"Consumers could not only buy fresh food from us, but also adult products, maternal, baby and female necessities, and other daily household products," said Hou Yi, CEO of Hema, at the second new retail summit in Shanghai held Jan 10-11.

"Co-owned housing will have little impact on the property market in the city, as the number of co-owned houses still represents a very small percentage in Guangzhou," he told China Daily.

"Consumer habits have rapidly changed and internet-based industries and companies have expanded in recent years", he said, adding Epson sees a huge potential for growth in third- and fourth-tier cities of China.