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"Fifth-generation mobile communication technology is coming much faster than expected," Hu said. "As 5G investment will be more value-driven, reliable and solid, it will generate new growth drivers for us."

"For example, our index agrees with both the Barclays and the Bloomberg indices in estimating Chinese growth to have been around 11 percent in 2007, and not to have experienced a substantial spike before the financial crisis, while the official GDP series records growth as spiking from 12 to 15 percent between 2005 and 2007. However, our predictions for current Chinese growth rates are above those of market participants, as well as of the Chinese government itself," the report said.

"Grubhub got into trouble for allegedly … setting up restaurant websites that appear to be hosted by restaurants themselves, but instead are directed through Grubhub — and restaurants are charged up to 20 percent in additional fees for these site orders, on top of the company's normal charges of 3-15 percent," CB Insights said.

"Google, Microsoft, and Walmart ... are more difficult to kill," he said.

"For instance, we urgently need a rule to regulate the protection of cross-border data," he added.