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"Chinese biotech firms are on the rise and are set to benefit patients in developed and developing countries alike," he added.

"China's gifting culture is also different from other markets. In China, a lot of products we sell are used for gifts. This is not a big trend in the Western markets, where more products are for personal use, so we have adjusted our portfolio to fit Chinese consumers in these areas," he said.

"Currently companies have data but are lacking people with expertise to enable them to use it. So we use virtual data scientists to help them," said Sharif, who is in his final year studying data science at Shanghai New York University.

"China should establish a unified standard on IoV, without which, each automaker will have to have its own interface to connect with the intelligent network, and that will be a serious waste of resources," said Zhu Huarong, president of Changan Automobile Co.

"Chinese love berries. Strawberries, cherries, and raspberries are some of the new fruits that people there are starting to enjoy," she said. "It's not our typical fruit in China because of the climate. The varieties of strawberries may not necessarily be the same here, such as the little scarlet, it's a tiny berry with very in-depth flavor. It is something people are starting to discover in China."