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"China's reform and opening-up has contributed significantly to global development," Park said, as the Chinese government created huge demand via expansionary fiscal policy during the global financial crisis and thereafter, serving as a driving force for global economic growth via the largest consumer market in the world.

"Convergence is blurring the lines between industries and business models as we move toward a truly digital economy at lightning speed," said Greg Cudahy, global TMT leader of at EY.

"Cross-border yuan settlements will not only lower the risks from currency rate fluctuations, but also lower exchange costs for various currencies and improve trading efficiency," said Wang.

"Corn yields, for example, can drop by 1.5 to 3 metric tons if the straw is smashed and returned to the field," he said.

"Cruise companies' revenues declined by nearly 30 percent in the months after the accident," said Zhu Ruming, deputy director of the Changjiang River Administration of Navigational Affairs, which is overseen by the Ministry of Transport.