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"Creating value rather than pursuing a larger scale has become the No 1 target of most Chinese companies," he said.

"China's VC and PE market is becoming more rational and we estimate that the investment firms will become more targeted in their deals rather than simply chasing volume," said Jay Chen, founder and CEO of CVInfo and managing partner of CVCapital, an emerging investment bank.

"Cultural courses can support my study in religion. Specifically, math can help me cultivate better logical thinking, which is very helpful for my dharma debating course," he said.

"Chinese consumers are taking note of the benefits of owning an electric vehicle. Today we're seeing a massive opportunity emerging for hybrid vehicles and fully electric vehicles are also growing in popularity," said Olive Zhang, vice-president of Nielsen China.

"Chinese guests used to come in and just order what they wanted to eat, and the relationship between us was like we were just the cooks who processed the ingredients for them," says Tam.