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"China's input on research and development rose to the second highest in the world in 2017," said Wan, adding that the number of full-time research and development personnel in China now ranks the highest in the world.

"Chinese companies looking to acquire beyond China's borders focus on achieving dual goals—winning at home and exporting abroad, which enables them to strength their domestic competitive stance while simultaneously positioning for global expansion especially in developing markets," said Phil Leung, partner of Bain & Company.

"Chinese companies are enhancing their sales capabilities, and as they are expanding into the outside world, they need to think what it is that makes them different."

"Creating the right environment is important to us as we continue to attract, develop and invest in the staff we need to meet our digital ambitions," he said.

"China's ODI is spread evenly across many industrial sectors, particularly those related to the real economy. New investment in relatively high-risk industries like real estate, sports and entertainment is zero, highlighting China's emphasis on sustainable development," she said.