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Another chemistry prize was awarded to German carmaker Volkswagen for "solving the problem of excessive automobile pollution emissions by automatically, electromechanically producing fewer emissions whenever the car is being tested".

Apart from traditional services including trade finance and export credit, Altyn Bank will develop the cross-border renminbi clearing business and provide IPO, bond issuance and mergers and acquisitions services to local, multinational and Chinese corporate clients. In the meantime, China CITIC Bank will transplant its best practices to Altyn Bank, leveraging its advantages in e-banking, mobile banking and cross-border payment services, Li said.

Another key area has been total investment volume, which reached 4.38 billion yuan, fueled by Belt and Road projects.

Apart from the consumer demand, Gao's optimism lies in the strong governmental support for the sector.

Another new growth engine, coming from Macao and Zhuhai's collaboration, is the traditional Chinese medicine business, Zhou said.