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Angelica Anton, founding partner of Silk Ventures, said her team's China connections are among the main attractions for member companies. Anton worked with the foreign direct investment team at the Hangzhou local government before relocating to the UK.

And, in the past 30 years, local brands have been quietly building up their reputations at home. Finally, some are flexing their wings and ready to take flight and migrate abroad.

Analysts believe that the torrid growth of China's fintech sector will inevitably slow, which will present both challenges and opportunities for the companies, especially as more mature regulations are imposed, and a degree of consolidation may take place.

And as Huawei customers graduate to higher end gadgets above 0, the Chinese company will have to compete head-to-head with Apple on quality and features.

And it is not the only spot in the government's tourism plan to suffer a disaster－natural or man-made－that could scare away tourists.