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Another British brand, Bentley Motors, is showing its electric concept car, called the EXP 12 Speed 6e. The automaker said one of its aims is to gauge public opinion in the Chinese market to help to shape its future strategy.

Anxiety stemming from issues with housing, education, healthcare, employment, excessive exposure to social media, and identity crises, particularly for those of a lower social status, have stoked unhappiness among the Chinese.

Ant Financial was a leading sponsor of a cashless alliance set up in April. The company earlier vowed to make mobile payment accessible in the whole country in the coming five years.

Apart from financial injection, Merck is also planning to provide training during the three-month incubation period and looking to offer industry cooperation opportunities and next-phase of grooming in the future, said Sun Zhengjie, managing director of Merck Innovation Hub China.

Apart from Money 20/20, Ascential also has other projects that include the Cannes Lions festival for the branded communications industry and global fashion trend forecasting service provider WGSN.