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"China is making a very sensible bet here on AI. It is very well placed to take advantage of the coming AI revolution. It has a lot of data, it has lots of big tech companies which are well positioned to develop," Walsh said.

"By cooperating with local financial organizations, Hong Kong and Macao young people will have better access to financial support for their businesses in Guangzhou," said Lin Huibin, director of the Guangzhou Tianhe Hong Kong and Macao Youth Association.

"China has achieved a lot in information and communications technologies in the past year. Some scientists have achieved major breakthroughs in quantum computer development," said Wu Hequan, an academician with the Chinese Academy of Engineering.

"China has always been the nucleus of our global business map, and it will remain so, given that over 50 percent of the world's construction is taking place in China. The country is also the vanguard of high-density urban planning, setting the standards for other countries to follow," said Keith Griffiths, chairman and global design principal of Aedas, the British architectural design firm.

"But, certainly, we see the tremendous amount of opportunity and growth on a long-term basis. So, it would not deter us from our investment here in China."