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"Chinese smartphone makers are growing beyond their borders and getting increasingly popular all over the world. That is mainly due to their competitive pricing and attractive product range," said Xiang Ligang, director-general of the Information Consumption Alliance, a telecom industry association.

"China's continuously improving business environment, growing innovation ecosystem, and its stable policy environment gives us confidence in the future of the market," said Christine Zhou, senior vice-president and president for the China region for Novo Nordisk.

"Chinese tourists will be able pay for various hospitality services using Alipay and WeChat Pay," he said, noting that East African traders will be able to purchase goods from China using the Chinese mobile payments.

"Cross-border e-commerce into China will probably play a bigger role this time, although at the end of the day it targets the same group of customers as domestic sales," said Richard McKenzie, a partner at consultancy Oliver Wyman.

"Consumers are willing to spend more money on safer products with better quality to benefit their health," Qian said.