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"Companies with continuous losses and high debt-to-asset ratios will face risks, along with private construction, coal, logistics, real estate, and small thermal power companies," he said.

"China still remains a hospital-driven market. So the most effective way to engage at the early stage is to focus on big cities and big hospitals, at the early stages of our market entry" Merizalde noted.

"China will keep improving the market-oriented foreign exchange regime and maintain flexibility of the yuan exchange rate, generally at a reasonable and stable equilibrium this year," said Wang Chunying, spokeswoman of the State Administration of Foreign Exchange, the country's foreign exchange regulator.

"Chinese tourists now expect the ease and simplicity of instant mobile payments. If European merchants can adapt to this, they will reap the benefits of having more Chinese customers as well as revenue," he said. "We are excited to see thousands of merchants accepting Alipay around Europe today and we expect continued strong growth in 2019."

"China's role in VR development has been on the rise－95 percent of the world's VR equipment is produced in China, and much VR content in app stores now comes from Chinese developers," said Graylin. HTC currently accounts for 35.7 percent of the global VR headset market and about 52 percent of the market in China.