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"Data is the core of New Manufacturing and harnessing data insights is key to capturing new opportunities in the shift in consumer preferences for personalized rather than mass-produced goods," said Wu Xuegang, CEO of Xunxi Digital Technology Co under the Alibaba Group.

"Digital currency has the ability to track money electronically as it changes hands, and it would be useful in anti-money laundering and fighting other illegal activities in the financial services industry," he said, adding China is one of the leading markets when it comes to implementing advanced technologies in the financial services sector.

"Different universes" are meeting as traditional carmakers find high-tech firms like Google or Alibaba, mobility services firms like Uber and Didi and even telecoms firms racing to set industry-wide standards.

"Electricity is core to this round of energy transition. Compared with the past, the current energy mix update is distinctive in that more and more electricity is being produced, and is being produced from non-fossil fuels," said Shu.

"Data shows that over 280,000 vehicles passing the freight channel since January. The total trade volume has gone up ten percent than the same period of last year," Wang added.