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"For multinational corporations, more decentralized decision-making at the country level, faster rollout of products, and more localized endeavors to stay tuned to customers' needs are some of the decisive factors for their outperformance," Jason Yu, managing director of Kantar Worldpanel and one of the authors of the report, said. For instance, the role of e-commerce has moved from the periphery to the forefront in many businesses of multinational brands in China.

"For us, we will continue to focus on what we have put in our brand slogan: Vorsprung durch Technik (progress through technology)."

"Generally speaking, if a small business is run by a couple who are focused on a particular industry and have no bad habits such as gambling, and if the business is running smoothly, its owner will receive a loan from our bank as the probability of risk occurrence is fairly low," she said.

"Giant stars who can bring in a high box office revenue or a high rating are still rare in China, but the market is huge. So it has led production companies or broadcasters to contend for them with high prices," the source said.

"For instance, China accounts for roughly 50 percent of the global electric vehicle market. If it has the biggest market volume, it is bound to propel the development of most cutting-edge technology," said Zhao Tianting, automation and energy group technical director at ADI China.