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"Companies need to upgrade marketing strategies by adopting data technologies to understand consumer preferences, expand brand influence among acquaintances and create more valuable content," he said.

"China's SOEs maintain benign partnerships with enterprises under all types of ownership, as well as foreign enterprises. Cooperation helps China's SOEs in further deepening reform, improving development quality and enhancing management. This is a win-win situation that we look for," Xiao said.

"Chinese brands have performed exceptionally well in certain categories like fresh dairy, and their agility in responding to market demands can lead the 'premiumization' trend in the future," said Jason Yu, general manager of Kantar Worldpanel in China.

"Countries need to overhaul their approach to child and adolescent health, to ensure that we not only look after our children today but protect the world they will inherit."

"China provides a good ground base to experience future tech advances and develop future business models. It's likely they will use China as a testing ground for products before bringing the manufacturing and products to other places," Hsu said.