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"Consumers used to make purchase decisions via pictures and texts. But the late 1990s were a different era. Only insightful companies that understand change can succeed," said Chen Zhongqi, founder of Xingcheng Qianzi swimsuit company. As the flagship company of Xingcheng, Qianzi opened 10 online stores on Taobao, eBay and Amazon to cater to individualized demands.

"China's involvement is very important because the demand for gold is high in China," said Niu.

"Crayfish can be adapted for both Chinese and Western cuisines, with which we can also innovate a lot of fusion food," said Ma Guangjun, principal of the Qianjiang Crayfish Vocational School.

"China's robust new economy has created unique opportunities for us. Millennials and the middle class in China tend to be tech savvy, more sociable and are looking for a sense of belonging and adventure in big cities," said Humbert Pang, managing principal and head of Gaw Capital Partners China, which invested in Harbour Apartments.

"China's rare-earth export quota didn't have the desired effect on the importing countries, especially Western countries, because smuggling of rare earths was rampant and some export companies falsified customs codes to evade the export quota and continued to export them to other countries," Jin Baisong, a retired researcher at the Chinese Academy of International Trade and Economic Cooperation, said in an article published on China Daily's website.