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Another chunk of the cash incentives comes from fulfilling tasks like watching and curating videos, inviting friends to download the app, collecting virtual cards regarding people's hometowns, among others.

Apologizing to passengers for the "serious" and "rare" accident, Lau said the derailed train and its detached compartments will be towed back to the maintenance depot for an in-depth inspection. In the meantime, rail tracks and nearby facilities will also be thoroughly checked, Lau added.

Ant Group's exhibition hall in Hangzhou, Zhejiang province. [Photo by Long Wei/For China Daily]

Another area that stands out for me is technology and innovation. It is incredible to see the rate of adoption and development when it comes to technology in China today. It has transformed the landscape and forced companies to adopt quickly to engage with customers. But you must be able to understand how best to use all this technology. Yum China has been quick to adopt and, as always, listen to customers. One example is how we led the way in food delivery in China with the introduction of Pizza Hut Home Delivery in 2001. Delivery now accounts for over 14 percent of our business. There is the power of our membership platform and the fact that almost 60 percent of sales were cashless by the end of 2017 from 100 percent cash in mid-2015. That just shows how quickly things can and do change in China and I believe this momentum will continue.

Apart from incentives like the provision of digital infrastructure and preferential policies like zero corporate and personal tax, District 2020 has an entrepreneur program dubbed Scale2Dubai, aiming to draw startups and small-and medium-sized enterprises to upscale and enter the Middle East and North Africa markets.