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"Cross-border e-commerce brings innovation to China's online retail," said Feng Gengzhong, dean of The School of Management at Xi'an Jiaotong University at a panel discussion during The Third Silk Road International Exposition and the Investment and Trade Forum for Cooperation between East and West China.

"Cultural exchanges help people understand each other and live in peace. We need a 'Translation Movement' between the Middle East and China," Harahsheh said, referring to the ancient efforts in Baghdad to translate Greek classics into Arabic.

"Compared to how China respond to previous revolutions in information technology, the speed at which China is following the current trend is the fastest," the review quoted Shouyi Yin, vice director of Tsinghua University's Institute of Microelectronics as saying. Yin is also the lead author of a paper describing the design behind "Thinker."

"Coming from a developing country, you normally see people confined within their villages and they don't know how to take advantage of global trade," Prompoj said. "Rural Taobao is a powerful first step."

"China will further digitize the registration and licensing of new companies, and gradually make the process paperless and fully intelligent. By the end of the year, the government will also optimize the process and issue a guide for enterprises to withdraw from the market more easily," Zhang said.