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"Film industry requires big investments on assets. Its long production and release schedules create huge uncertainty for both investors and producers," said Wang De, vice-president of China's major property insurer PICC P&C, in an interview to Xinhua News Agency. "It's not rare to see unfinished movies due to lack of money."

"German premium providers still lack groundbreaking e-vehicles or important connectivity functions," said study author Stefan Bratzel.

"Forty years after China's reform and opening-up, China's supply chain, manufacturing chain, as well as its talent pool, have probably grown to the top position in the world," said Wu Peng, general manager of marketing and sales at Dreame Technology, a Tianjin-based company that specializes in smart household appliances. "Along with the development of these basic infrastructures, Chinese brands have become very competitive in the world."

"Hainan will first attract domestic tourists with advantages of prices, convenience, language and culture over outbound medical tourism," said Chen Yangle, a professor at Hainan University's Tourism College.

"For enterprises and organizations, the ultimate intelligence is to be able to solve problems. Powered by big data and AI, intelligent decisions will be the direction for future corporate decision-making evolution," Su added.