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Bally CEO Nicolas Girotto believes that translating brand identity in digital environments is important.

Based on internet technology, ICBC has provided online bank account application services, and corporate clients can apply for new accounts through uploading a video, said Mao.

Bartesaghi is also one of the speakers at the second plenary session of the summit on Dec 1, themed "Infrastructure development and cooperation between China and Latin America and the Caribbean."

Banks should be cautious and seek ways to weather the storm, says Tan. While offering loans with stocks as collateral has been big business for many Chinese investment banks, he says Bocom is tightening the approval of such loans although the demand is there.

Based on the report, he believes the CPC will remain strong for many years to come.