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"Formal and informal barriers are rising. Frictionless trade is beginning to rub, supply chains are starting to drag. Business leaders must recalibrate and adapt to this new reality or global players", he said.

"For the physical store chains, they have been unable to keep up with the growth of online retail. For the online operators, they have struggled to keep delivery infrastructure capacity up with the rapid growth in online shopping demand," he said.

"Film is an artistic language transcending borders. A person may have never been to China, but watched Chinese films," Zhao said. "And art helps to foster better understanding among people from different countries and races."

"For new product launches in China, we are moving from 'intuition-driven readiness' to the employment of data that depicts the clear preferences of customers," said Kao, under whose leadership the group has seen nearly 30 percent of revenue generated through online channels.

"From the market perspective, of course, the internationalization process requires the RMB exchange rate to be more flexible and market forces should be allowed to play a sufficient role," said Huang Jun, chief Chinese analyst at Forex.com, the foreign exchange trading platform under Gain Capital Holdings Inc.