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"China's recovery is for real," the report said, although the recovery remains unbalanced to some extent and still lacks self-sustaining factors.

"Creating a business environment with more respect and protection for intellectual property is going to be very important. We can engage much more, with a higher safety level when intellectual property is better respected here," said Christiansen.

"Currently, the womenswear retail market in China is worth more than 2 trillion yuan (8.5 billion). I estimate that the women's clothes sharing market will exceed over 100 billion yuan in the country in the near future. Wearing much-needed clothing will always top the agenda of almost every woman. So it is truly a business opportunity."

"Cross-border acquisitions, which may go along the Belt and Road countries and regions, or be related to the buyer's core line of business, or has the potential to create synergy effect, are essentially encouraged and welcomed by Chinese policymakers," Wu noted.

"China sales account for 6 percent of our total revenue, and we hope to increase the figure to 15 percent in the near future," said Pharoah, adding that consumers are evolving with individual demands.