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"Chinese investors have the ability to add value to our economy, create more jobs and boost our export value. They are certainly welcome," he said addressing hundreds of Chinese investors exhibiting in the event.

"Consumption data collected via WeChat Pay can help us pinpoint customers and predict their preferences. We can feed promotional deals to attract new customers, or push in-app notifications to engage with recurring shoppers," said Tian Jiangxue, deputy general manager in charge of strategy at Tencent Smart Retail.

"China's emphasis on robust policies for imported consumer goods has boosted confidence in the sector and stimulated consumers' appetite. At the same time, consumers' desire for diversified, personalized and quality goods is being increasingly satisfied and unlocked," said Zhang Tianbing, head of Deloitte Asia-Pacific consumer products and retail industry.

"China still remains a hospital-driven market. So the most effective way to engage at the early stage is to focus on big cities and big hospitals, at the early stages of our market entry" Merizalde noted.

"Chinese travelers, especially those born in the 1980s and the 1990s, are becoming increasingly accustomed to homestay in the domestic market. They are the main spenders. So, it would be unreasonable to ask them to use one app for booking rooms in China and another app in overseas markets. We're moving in advance to grow the supply of quality houses in foreign countries," Chen said.