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"Compared with CAFTA, the RCEP constitutes a bigger market so it means bigger trading opportunities. All of this will contribute to more trade, more development and more improvement in people's livelihoods," Philippine Ambassador to China Jose Santiago Sta. Romana said at the expo.

"China's internet insurance industry is still nascent," said Tuo Guozhuo, professor of the Insurance Department of Capital University of Economics and Business.

"Chinese enterprises have to be highly competent in risk control, efficiency, and be capable of making heavy investments, to achieve success in international logistics business," said Chen.

"Consumers tend to favor fresh food. They even search for seasonal fruits online before they come to the market. Meanwhile, more consumers pursue fresh delivery, and periodic delivery has become a new trend. The trend raises new requirements for enterprises' fresh-keeping technology," Cao said.

"China was going very fast, and the emphasis was on the rate of growth. In the new era, China will grow more slowly, but the emphasis would be on the quality of growth," Thornton said, adding that this is a good sign of economic maturity.