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"For a foreign bank in China, borrowing medium to long-term funds from its parent bank will improve its liquidity. This may help the bank's asset side business but the money borrowed is in US dollars, which is on the rise, whereas the loans granted are in renminbi, so the return may not be as direct," Xie said.

"Financing difficulties of high-tech industries discouraged many Chinese companies from (investing in) the industries. The STAR Market, however, has the potential to correct this resource misallocation and therefore notably enhance productivity," Xue said.

"For instance, Baidu is leveraging AI to help supermarkets better manage their supply of fresh food by analyzing and predicting which products are most popular," Li said.

"Generation Z are becoming the new driving force for the industry," said Zhang.

"For policymakers and those whose job it is to help shape the global trading environment, China's success is part of the wider story of the re-balancing of the global economy, with nations across Asia and the Far East recording levels of growth far above that of the traditional advanced economies of the Western world, with a consequent shift in global influence," said the trade official.