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"Chinese enterprises are looking at the technologies available－whether it's artificial intelligence, big data or the like－to actually come up with whole-new business models and whole-new approaches to doing things, not just improving the old processes."

"Considering the White House's recent track record on event hosting, we never expected its 'packed season of holiday parties' to spread cheer," freelance writer Claire Lampen wrote in her article carried by The Cut, New York Magazine's fashion and lifestyle site, on Wednesday.

"China, for years and years and years, has built all the premium products for the world," said Friesen. "They know how to build good products."

"Chinese companies want to make that money, so they will buy an Italian brand and sell its products in China. Although overseas acquisitions have slowed down, the sentiment is still there, as long as you invest at the right price and at the right time," Indaimo said.

"China, in many ways, actually has led smart city development, and even my hometown Singapore, which is technologically advanced, would like to learn from China.