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"For both users and providers of products and services in sharing economy, there are problems of risk, which can be solved reasonably through insurance mechanisms," said Yuan Yong, a consultant with Aon-COFCO Insurance Brokers Co Ltd, a joint venture between Aon Corp and COFCO Corp.

"Fuzhou is a new market that we entered and it is quite important. Currently, we have about 40 engineers working at the center, and we will ramp up R&D talents and efforts as we aim to provide more future technology solutions for China and global markets. We are looking to hire more professionals with backgrounds in digitalization," Model said.

"Growing global competition has forced Japanese manufacturers to cut costs to be more efficient, while fulfilling a production quota, which is often difficult to achieve," said Motokazu Endo, a lawyer at Tokyo Kasumigaseki law office.

"For ambitious enterprises who want a bigger global market share, the FIFA World Cup is no doubt the best marketing channel to raise their profile in a short time," Yu said.

"For China, the best strategy has long been centered on reforms. It will be important to avoid backtracking on existing reforms and repeating the mistakes of others," he added.