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"For example, e-hailing companies can reap significant benefits by investing in electric vehicle fleets. This could decrease fuels costs by as much as 65 percent according to our research," he added.

"For a company to become internationally competitive, the question is not whether or not to expand its business overseas through M&As, but when to make the move," said Jiao.

"Having the right product, accurate positioning and flexible strategies can get you onto the dance floor, but how a product is displayed can have great impact on consumers' mind," Liu said.

"Fundamentals of China's long-term economic development and its competitive advantage in attracting foreign capital have not changed," said Zong, adding that most of the multinational firms are confident about prospects in the country and have not altered their investment strategy.

"From this year, we have been exploring going global as we set up our first overseas office in South Korea," Chen said.