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"Citibank's global network will allow us to come up with comprehensive solutions that can help the Shanghai FTZ companies to connect the domestic and overseas markets. In this sense, we are also making our contribution to advance the exchange between onshore and offshore markets, as well as the internationalization of the renminbi," she said.

"Companies that ultimately go on to have success … what they have understood is that while content is critical, distribution is king," Wehmeier said.

"China's evolving regulatory policies and enhanced business environment have certainly led to a boom in the R&D (research and development) activity relating to new medicines. Investors have noticed the trend and are rushing to the market," said Han Tao, deputy general manager of China Capital Investment Group, at an event.

"Chinese scientists are facing two problems - one is bottlenecks in core technology compared with the rest of the world, and the other is a lack of subversive technological change which is also a problem for the whole world," says Gao.

"Composed by new industry, new formats and new models, China's new economic driver is expanding, unleashing the vitality of the economy and supporting its high-quality development," said Lyu Haiqi, an official with the National Bureau of Statistics.