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"Chinese consumers have become increasingly willing to pay for better services in the past one to two years," said Chen Zhiyu, senior vicepresident of Sam's Club China. He predicted that the membership model would enter a phase of explosive growth in the years to come.

"China will continue to deepen digital financial inclusion, which will restructure traditional financial models and become a direction of business transition for financial institutions. Digital financial inclusion will bring changes to financial concepts and the organizational structure of financial institutions, restructure their business procedures, and improve their data integration capability and technical skills," said Zeng in delivering a report at the second China financial inclusion innovation and development summit recently held by People's Daily.

"Consumers go to our physical store. They also purchase through mobile phones and other digital devices. About 90 percent of Chinese consumers touch digital points before they visit physical stores," said Rorsted.

"Comparatively, there was little blood spilled among Russian servicemen (in Syria). The army demonstrated a high level of readiness, more than the Americans did," said Minchenko.

"China's current financial system mainly consisted of banks serving an economy dominated by the manufacturing sector. Looking ahead, however, the services sector, especially technological innovation enterprises, will become the driver of the Chinese economy," Hong said.