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"Companies that ultimately go on to have success … what they have understood is that while content is critical, distribution is king," Wehmeier said.

"China's steps of reform and opening-up will never stop," Han said, adding that the country will not resort to a closed economy under the "dual-circulation" development pattern.

"Companies are hiring contractors at the mid to senior and sometimes even executive level," he said.

"Cooperation takes time. A good ground for cooperation is a level of transparency with the other companies and businesses," Honighaus said.

"China, like many other countries, is still at an early stage in blockchain adaptations in the energy industry. But the outlook is positive with concentrated efforts from leading companies," Qin said.