China, currently the world's largest economy after the United States, aspires and takes drastic actions to become number one before 2030 by transitioning to a consumption-driven development model. Although there are risks of failure, which may lead to uneven economic growth, protectionism, and nationalism instead, China is most likely going to play an even bigger role on the global economic stage, while it restructures its policies and regulations, and improves the quality of life of its citizens. Here are eight predictions about China's business and consumption future as presented by the World Economic Forum, based on China's commitment to innovation, technology, and entrepreneurship.