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"China's clean energy revolution is having a decisive influence on the economies participating in the Belt and Road, and the development of photovoltaic technology has made clean energy no more a luxury, but an affordable energy," Qian said.

"China's economy has benefitted considerably from the more domestically focused, investment-driven growth model after the 2008 global financial crisis, when many developed economies encountered weakened consumption growth resulting from the fallout of the crisis," said Sang Baichuan, director of the Institute of International Business at the University of International Business and Economics in Beijing.

"Collaborations like this are very critical, because together we'll be able to get there faster," said Hua. "I think American startups certainly should be going to China to exploit the opportunities to get funding or partnerships."

"Chinese consumers, especially millennials (those born in the 1980s and 1990s), want to enjoy life ... they care about their individuality and love to travel, and when it comes to shopping, they have unique tastes. To woo them, we have brought iconic fashion including street styles and premium sports brands to them," Israel said.

"Chinese consumers have already developed the habit of buying almost everything online. The expensive, large-size home appliances can now also be bought with a mouse click, with e-commerce companies building trust with consumers and offering free installation services," said Lu Zhenwang, CEO of Shanghai-based Wanqing Consultancy.