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"Changes in the global economic landscape are one of the reasons behind such a trend. Faced with trade frictions, a large number of capital needed to find new investment opportunities," said Jixun Foo, managing partner of GGV China, a venture capital firm based in Shanghai, and a top investor on Forbes' Midas List.

"By setting up facial recognition devices at the airport, travelers will go though rounds of security screening with minimal, if any, noticeable disruption," he said. "It is estimated that about 50 percent of all airports in China will use facial recognition at all points of contact by 2021."

"China is a not-to-be-missed market for us, with a large amount of outbound travelers and the tech-savvy, mobile-first people here," he noted.

"CGN will further promote its reactors in Kazakhstan, as well as other economies participating in the Belt and Road Initiative," He said.

"China has ambitions to integrate into the global aviation industry chain. China-developed aircraft are flying overseas, and so are our creative designs and engineering services," said CAPDI Chairman Lian Dawei.