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"China's bike-sharing bubble has been burst, and we'll see a wave of reshuffling and consolidations in the industry that took the nation by storm during the past two years," Wang noted.

"China's health-tech market is the second-largest globally and exhibits continued robust growth with significant potential," he said. "We focus on major diseases including cardiology, stroke, oncology and respiratory diseases to have developed integrated solutions including suites of systems, smart devices, software and services to meet the local customer needs."

"Chinese firms have become more and more confident in the international arena. They have kept improving themselves while creating more opportunities for the world," said Xu.

"Culture is the soul," said Feng Shu, a local cultural scholar. "We put top priority on cultural preservation in the process of renovation."

"Chinese big data companies are continuously improving their users' information protection systems," Shen said, adding that tech companies should build firewalls internally to isolate direct links between user data collection departments and other operating departments.