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"Chinese customers, compared to others, tend more to accept new technologies and electronics brands," Zhang Zhe, CEO and founder of Trifo said.

"Chinese New Year is cause for celebration at The Balmoral and we are all looking forward to welcoming the Year of The Pig," said Richard Cooke, general manager at The Balmoral. "Bao (steamed stuffed bun) will be served at breakfast along with Balmoral Long Life Noodles. Angpao (red envelope) and mandarins will be in all rooms as we wish everyone long life, happiness and prosperity."

"Chinese consumers are more sophisticated and attach more importance to quality and value. They prefer products that are pleasant to the eye, user-friendly, intelligent, and ideally, connected. We made major adjustments to our product lines last year and took steps to shorten the time spent on research and development," he said.

"Collaborating with outstanding partners like WaveForm is a highly important cornerstone of Bayer's strategy to transform innovation into meaningful solutions for patients," said Marianne De Backer, member of executive committee of Bayer's Pharmaceuticals Division and head of Business Development & Licensing. "China is a key focus of our partnering efforts and we are continuously looking for partners developing digital technologies."

"Cross-border e-commerce can be an ideal way for foreign companies to debut in China thanks to easier access, lower costs and reduced time for market entrance," said Zhang Tianbing, Deloitte Asia-Pacific consumer products and retail industry leader.