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"China is way more advanced in mobile payments," said Virkkala. He told Xinhua that he believed "the approach is now coming to Europe."

"China has become a very prosperous country and at this moment it is the second biggest economy in the world. I think this is extremely good because China has much that it can contribute towards the development of the world including the developing countries," he said.

"China has become one of the world's two biggest economies. It is also one of the two major engines of the global internet market," said Li Tao, founder of APUS Group.

"Canva has put the Chinese market high on its agenda, which will enable the company to localize in the country," said Shen Nanpeng, founding and managing partner of Sequoia China.

"China is increasing its share of Chinese technologies, but as a starting point, there is also a significant share of international technologies," Depoux said.