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"Guangdong's future development will rely on technological innovation. The construction of the Greater Bay Area will also help bring more opportunities for local business in the allocation of global innovation resources," Zhu said.

"From this point, witnessed by professionals and third-party institutions, creating the wills will reduce disputes," Chen said.

"Globally, China is second in the world in the number of unicorns - companies valued at billion or more. And the government has started to strategically invest in innovation in key areas, including self-driving vehicles, artificial intelligence and drones," said Shapiro.

"For businesses, the more they devote to innovation, the greater the risks will be. Thus, it is important to ensure their innovation benefits could be fully protected," he said.

"Fifth-generation mobile communication technology is coming much faster than expected," Hu said. "As 5G investment will be more value-driven, reliable and solid, it will generate new growth drivers for us."