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China is the world's second-largest automobile market, trailing only the United States. Despite declining growth in the assembled car market, sales of high-end vehicles have continued to rise as Chinese consumers now expect more from their vehicles, said Zhao Ying, a researcher at the Institute of Industrial Economics of the Chinese Academy of Social Sciences in Beijing.

China is expected to import goods worth trillion from 2017 to 2021, while attracting 0 billion of foreign investment. "China is upgrading its industry and consumption structure," said Sang Baichuan, a professor at the Beijing-based University of International Business and Economics. "The huge market and emerging opportunities will attract more foreign capital, and that in turn, will further stimulate the country's industrial upgrading."

China has sophisticated production lines for high-tech products, and it may take years or even decades to set up such lines elsewhere. "The question is, are you really going to save money in doing so?" Seyedin said.

China in recent years became known for leading the adoption of mobile payment methods within its own borders. As its citizens got used to pay for almost everything with their smartphones and do away with cash, Santander said Europe needs to catch up with the trend by "enabling Chinese payment solutions" such as China UnionPay, Wechat Pay and Alipay.

China holds a seat on the SWIFT Board of Directors representing SWIFT's Chinese users. The local team in China provides the Chinese financial community with strong support in business, technologies, standards and other related SWIFT offerings.