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"For example, if a homegrown enterprise plans to extend its business abroad, it can obtain one-stop legal advice regarding policies both at home and abroad at such a cooperative office," Zhang said.
"From lightweight vehicles to the need for water treatment, this constant call for quality of life is bringing us substantial opportunities here," he said.
"For instance, among the 14 million trucks engaged in logistics transportation each year in China, the average empty-loaded rate hit 40 percent, which is a huge waste (of social resources)," he said.
"Foreign firms tend to have extensive international experience and they are strong in business areas such as principal securities trading (where the securities firms use their own capital for capital market investments to realize higher profits), capital and fixed-income, foreign exchange and commodities markets. Their presence will bring more competition and force local securities firms to accelerate development, which will help energize the Chinese market, and boost the regulator's goal to further open the financial industry," Zhang said.
"Global GDP generated by digitization will reach trillion, accounting for 46 percent of the economic aggregate," said IDC China managing director Kitty Fok, predicting that digital transformation will enter 2.0 era in the next five years.