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"Consumers' purchase decision is formed in the very beginning of their purchase behavior," said Eileen Ren, vice-president of digital customer experience at JD Power China.

"Consumers in China are very demanding, and the generation gap of consumers is becoming smaller. More people are willing to pay for premium, ultra-premium and innovative dairy products," said Rahul Colaco, president of Dutch dairy producer FrieslandCampina China and chairman of the SDDDC supervisory board.

"Chinese companies have a good understanding of our situation. In terms of fundamental outlook, China and Ethiopia share the same views, especially when it comes to development," he said.

"Companies always deal with large uncertainty. So, top executives should be agile to make decisions based on different facts, have people following them with good communications skills and be able to move ahead without having all the information."

"Connectivity will represent a big portion of our growth over the next several years," he said.