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"Fintech such as big data, artificial intelligence and blockchain have changed and will continue to bring profound change," said Steven Xu, financial services partner at Ernst & Young.

"For instance, Baidu is leveraging AI to help supermarkets better manage their supply of fresh food by analyzing and predicting which products are most popular," Li said.

"For example, it costs as much as 10,000 yuan to 15,000 yuan per month to rent a 50-square-meter space in Wuhan, while in Yunmeng, it costs just 30,000 yuan for a whole year."

"Global exports are expected to be worth 2.6 billion pounds a year by 2030 for UK companies," said Jamieson. "Now is the time for innovative companies to act and establish themselves at the heart of the Chinese market."

"For example, we believe now is actually a good opportunity to accelerate digital and online platforms and enhance internal competence, such as in learning and training," he said.