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"Data-based research in China is easier, and the Chinese market is much bigger than Europe. When you start a business in the country, even if you are in a niche market, it's big compared to France or Europe," he said.

"Feeding babies who are seriously ill with breast milk, which has no side effects, is also a first-aid measure," she said. "Breast milk is the best food for babies under 6 months old. It's particularly important to premature infants."

"Developed countries usually boast high medical care costs. Even for a minor sickness or fever, it can still cost a significant amount of money. So we suggest that travelers heading to those countries consider buying insurance and filing their claims promptly, thus avoiding their compensation being refused for delayed reporting," Huang said.

"Emerging markets are on the brink of a major digital revolution," said Nimisha Jain, a BCG partner in New Delhi, who leads CCI in emerging markets.

"Fast-growing internet technologies not only accelerate development of new internet businesses but also result in many new problems, such as whether we can pay using digital currency and how to prevent privacy infringement while collecting personal information," he said.