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"China has been winning contracts from the big six Hollywood studios through its growing expertise and connections through those partnerships," Hou said.

"China is a relatively open country compared to many countries in the world; there are many opportunities for cooperation as well as conflict. The strategic relations can be highly competitive; in some areas we can have a common interest," Ross said.

"But we don't assume staying together is always better than breaking up. We search for the best way for both members of a couple," Shi said.

"China is removing the cap on overseas ownership of joint ventures in the country. The progress has already been seen in the automobile sector. The telecoms industry is highly likely to be the next one to benefit from the change," Fu added.

"But the regulator may face greater pressure to maintain a reasonable supply of new shares while ensuring the quality of the IPOs given that there has been a long queue of companies seeking to float shares in the public market," Gai said.