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"Chinese companies looking to acquire beyond China's borders focus on winning at home and exporting abroad, which enables them to strengthen their domestic competitive stance while simultaneously positioning for global expansion, especially in other developing markets," Leung said.

"Consumers in China are very demanding, and the generation gap of consumers is becoming smaller. More people are willing to pay for premium, ultra-premium and innovative dairy products," said Colaco.

"China's economy is shifting from the phase of rapid growth to a stage of high quality development. It is acceptable to see the growth surge or dip slightly, as long as we see the increase in residents' incomes, the improvement of the ecological environment and high-quality development," Yuan added.

"Companies like Ant Financial and Ziroom are introducing personal credit scores in the house-leasing business. This will create a new mechanism and a regulation system in the market," Yan said.

"Chinese students form an integral part of our education and research community," he said. "I am delighted that our popularity among Chinese students and their families has been recognized with this prestigious award."