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As a result, Standard Chartered is providing more consulting and facilitation services to its Chinese clients in Europe, rather than simply offering cash management and trade financing services.

As graduates receive three years of work experience, their income will have an obvious rise amidst gaining momentum. Guo adds that without CPI's influence, the monthly income of university graduates increased 20 percent from 2012 to 2016, and 22 percent for higher vocational college graduates in the same period.

As automobiles are set to get increasingly smarter, Huawei Technologies Co is partnering with more carmakers to deliver internet-connected automotive experience to consumers despite the US government restrictions it faces.

As a business capital with a history as long as 1,000 years and a gateway in southern China, the megacity is not only a hot destination for commerce and investment, but also a hub with easy global access and innovation spirit, Cai noted.

As for the future, outbound tourism is expected to grow at about 5 percent in the next five years, said Dai Bin, president of the China Tourism Academy.