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"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."

"Commercial banks' general asset management business contracted last year, largely due to the newly released asset management regulations. But China's private banking sector grew unexpectedly, leading wealthy Chinese to invest in the country's key sectors to optimize social resources and accelerate the transformation of China's banking industry," said Bai Ruiming, deputy secretary-general of the association.

"China's cross-border e-commerce is thriving, which brings about huge opportunities for Chinese enterprises. But, it also brings about new issues and challenges. By leveraging Amazon's global network and resources, we could provide customized solutions to meet the needs of Chinese sellers and cultivate cross-border e-commerce talent in China," Dai Jingfei, vice-president of Amazon China, said.

"Consumption is expected to contribute over 80 percent of GDP growth in 2019," said Guo Xiaobei, a researcher with China Minsheng Bank. The proportion was 76.2 percent in 2018.

"Consumer goods that are produced by enterprises with a medical background are gaining popularity as they give consumers an impression of hygiene, health and professionalism. Pharmaceutical companies' own medical attributes naturally give the companies a halo, and consumers are more likely to have a nice impression of their products," Jin said.