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"For me, it's a new start," he said. "I was afraid before I came to Beijing, because I'm 34 years old this year and I could not have borne the blame from my family if I'd failed to find a job. However, it's my choice; Beijing has been my dream city since I was in senior high school."

"Following this new transformation, the Yu Garden area will become a more appealing landmark for culture, shopping and services in Shanghai," said Xu Xiaoliang, the chairman of Shanghai Yuyuan Tourist Mart Company.

"Fifteen years ago, our clients were multinational companies who required their local employees to improve their English proficiency. But the rise of the other two types of enterprises is obvious as they are going or want to go global with China's increasing presence on the international stage," Knutell said during an interview with China Daily on Friday.

"For us, China's not simply a large-scale consumer market, but also an important source of innovation as well as a major element of the industrial value chain," said Jochen Goller, president & CEO of BMW Group Region China, during a special session of the China Development Forum which concluded Saturday in Beijing.

"Fish4Dogs had the advantage of being a first-mover in using fish as the single protein source in dog food. Of course, and partly driven by our own success, other players are entering the market. We believe we are the original and best and continue to innovate to stay ahead of our competitors," Smith said.