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"By cooperating with other countries in a more open manner, China is seeing improving external environment for its high-quality development," said Li Xunlei, chief economist with Zhongtai Securities.

"China has abundance to offer in music and many other industries," said Fang, adding that the collaboration with Riot Games, the publisher of League of Legends, is just the beginning of UMPG's efforts to tap into China's esports market.

"By 2030, the number of new energy vehicles in China is expected to reach 64.2 million," said Sun Huifeng, president of CCID Consulting. In the next 10 years, 63 million charging piles need to be constructed, which can translate into a market value of 1.03 trillion yuan (6.7 billion), Sun said.

"By 2020, China will abandon the concept of absolute poverty and we will use low-income or minimum insurance to define this," he says. "It also implies that when China enters the high-income stage, the new standard will give us a better idea of how we can invest in human capital and help poor people improve their development ability."

"China is a large economy with very strong internal consumption power, and we need to focus our expansion in must-win cities with the right store formats and the right assortment."