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"China's absolute growth, I think, will continue in the middle to high single digits for several decades," Albert Keidel, senior fellow at the Atlantic Council of the United States, told Xinhua in a recent interview.

"China's venture capital firms have already invested heavily in consumer-oriented businesses over the past 10 years. It's high time they better tap into opportunities brought by the enterprise market. And the investment in robotics technologies, such as a variety of sensors, can help fuel the emergence of 'little giants'," Ren said.

"Cities, states, and nations that invest in their people will thrive," he added.

"Chinese consumers have increasing demands for premium brands and high-quality imported products, ranging from toothpaste and toothbrushes, mattresses, clothes and handbags, said Zeng Bibo, founder and chief executive officer of Ymatou.

"Chinese people are becoming richer and more international. What has not changed is their stomachs. So I made the decision to open the restaurant."