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"Chinatown has been going downhill since 10 years ago. It only got worse in the past two or three years," said Raymond Hong, 58, owner of Rainbow Photography.

"China's new energy vehicle industry, as well as the power battery sector, has evolved into a stage where there are rivalries in technologies and resources," said Zhang Xiaofei, president of Shenzhen Gaogong Industry Research Co Ltd, an industrial analytic company, specializing in batteries, e-vehicles and new materials.

"China's [government] press releases not only provide adequate information for the public and increase the government's credibility, but also help the international community better understand China," said Jiang Jianguo, director of the State Council Information Office (SCIO), at the China-CEE Countries Spokesperson Dialogue.

"Culturally, it's very difficult on their own to understand the payment preferences of every country," Tubb said. "In order to develop the overseas markets, they need partners with global experience to understand consumer behavior. And this is not restricted to just payment methods but many other areas, such as checkout experiences."

"Chongqing has a real opportunity to elevate its status into a hub for international logistics," he says in his offices in Chongqing's Jiangbeizui financial district.