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"Competition will create new markets and provide more services. The participation of Chinese SOEs will inject vitality into international markets and result in more opportunities for cooperation with world-class international firms," he said.

"Currently, China heavily lacks physicians especially in entrance-level healthcare institutes, primary hospitals and rural healthcare institutes. In the meantime, the journey for ultrasound physicians to improve their skills is not easy," said Jerry Wang, general manager of Siemens Healthineers China.

"China's young luxury consumers are more interested in aspiration than heritage, making it imperative for brands to modernize their stories and deliver them through digital channels," said Luan Lan, partner and leader of McKinsey's apparel, fashion, and luxury group in China.

"Chinese companies looking to acquire beyond China's borders focus on achieving dual goals—winning at home and exporting abroad, which enables them to strength their domestic competitive stance while simultaneously positioning for global expansion especially in developing markets," said Phil Leung, partner of Bain & Company.

"China's evolving healthcare landscape demands hospitals and labs to do more for less. As such, more innovative diagnostics solutions are needed. The launch of Abbott's Customer Experience Center does not only help laboratory physicians gain access to the most advanced testing instruments, it also improves the skill sets through continuous trainings. So eventually patients can get better diagnostic service and treatment", said Mr Pan Baishen, president of Chinese Society of Laboratory Medicine; Director of Laboratory Medicine and Researcher of Zhongshan Hospital, affiliated to Fudan University.