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"For instance, greater access to mobile technology in China has fostered the expansion of the 'sharing economy', which is expected to reach 10 percent of GDP by 2020," the report says.

"Google has been a great partner, and given our strong collaboration, we thought its idea to launch a Xiaomi smartphone on Android One would be a great opportunity to give our users a different experience," Wang added.

"From chips to its self-developed operating system, Huawei has long been preparing for independent research and development in core technologies. It has the ability to adjust to changes in the global market," said Xiang Ligang, director-general of the Information Consumption Alliance.

"GSI won the contract because of our new technologies, high product quality and good service," Zhou said.

"Getting listed will provide Haidilao with strong support in finance, branding and building a complete supply chain," said Zhu Danpeng, researcher at the China Brand Research Institute. "But as a restaurant chain, food safety is the top priority, and Haidilao needs to work harder on that in the future."