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"China's demographic dividend is disappearing," Wang Bin, co-founder and president of the venture and technology-focused media platform iyiou, said during a recent annual innovation conference in Beijing, adding that seniors can be relied upon as a reliable market.

"China, in many ways, actually has led smart city development, and even my hometown Singapore, which is technologically advanced, would like to learn from China.

"Customers are more conscious of brands. So, informative labels on products can increase customers' loyalty," said Li.

"Chinese people are not only paying more attention to their health but also are more willing to pay for better experiences," said Tang, adding that those born in the 1970s and 1980s are his main client base.

"Chinese banks benefit from the DIFC's strategic location along the South-South Corridor as well as from our world-class infrastructure," said Kazim.