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"China should pay more attention to make its ODI moves better suited to its 'dual circulation' development pattern by meeting domestic market needs via investment activities in overseas markets," said Zhao Ying, a researcher at the Beijing-based Institute of Industrial Economics, which is a part of the Chinese Academy of Social Sciences.

"Chinese scientists are facing two problems - one is bottlenecks in core technology compared with the rest of the world, and the other is a lack of subversive technological change which is also a problem for the whole world," says Gao.

"China's experiences will benefit other countries as well, as more countries see China as an example to emulate, a model of development that could mean moving from rags to riches within a generation," Hofman added.

"Currently there are still gaps in the perception of products, between consumers on one side and producers on the other. We have many products that reflect the culture, the creativity of the maker, and this is not necessarily understood in China. We need to do more to promote a better mutual understanding among citizens, aside from strengthening economic ties," Ferro said.

"Concerning that Beijing is the capital of China, though there may be short-term market disruptions, logic would dictate demand will stay strong for companies to have a presence here. I would think the opportunity is very obvious."