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"Computer vision technologies are being increasingly used in the security and surveillance sector. And its use in smart retail, such as face-recognition-enabled payments, is also very fast. China excels in applying cutting-edge technologies to daily consumption scenarios," Song added.

"Competitors can talk as competitors, but it doesn't have to be enemies. It can be competitors; it can be suspicious. But, it can be under some kind of control," he noted.

"Competing against the world's best automakers outside of China is the best way for GAC or other Chinese automakers to improve the quality and performance of the vehicles they make and gain better access to advanced technology from global suppliers," he said.

"Chinese tech companies have a very big market in China, but the European market is very segmented and differentiated, and the customers are sophisticated," said M?ller-Hergt, adding they connect IT vendors in China who are eager to sell their products and services overseas with European resellers.

"Creators of films and TV episodes can thus focus more on their ideas rather than always facing tightening budgets."