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David Roth, CEO of WPP Global Retail Business, noted that Chinese brands should go beyond product launching and make more efforts in building brand image with human touch and unique identity. "This is the key for Chinese companies to successfully establish themselves overseas."

Data from Shanghai-based market tracker Wind Info showed shares of companies in the food and beverage sector rose more than 43 percent year-on-year on average, the third-largest rise after IT and agriculture.

Deborah Kirkham, CEO of the San Francisco-headquartered firm, said China will retake the top slot in terms of revenue in the global gaming market by next year.

Danfoss China turned out 4.25 billion yuan (7 million) in sales revenue last year, up 10 percent from 2015, outperforming the group's other regions. Danfoss worldwide registered 39 billion yuan revenue in 2016, up 3 percent year-on-year.

David Rank, the chargé d'affaires of the US Embassy in Beijing in a June 29, 2016 file photo.[Photo/china.com.cn]