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"By providing conveniences to more people, sharing economy separates the ownership and usage of products, which is hard to define in terms of responsibilities of both parties," said Lu Wenhui, a consultant with Aon-COFCO, a Shanghai-based insurance broker.

"China is the world's second-largest economy and the axis of the global demand for goods. That's why the expo is of enormous importance -- the further opening-up of China's economy," said Castro.

"China is now one of our top five markets. Chinese consumers have the style consciousness of the French and Italians, and the spending power of those in the US," said De Jong.

"China is undergoing a huge demographic shift, with the proportion of its elderly population aged over 65 on track to grow from 10 percent (of total population) today to 24 percent by 2050," said Domenico Savarese, global head of ageing at Swiss Re.

"By upgrading the interaction between the large screen and the mobile phone, the smart screen enables users to watch the large screen and use the phone via the smart screen at the same time," said Wang Cheng, CEO of TCL Industrial Holdings Co Ltd.