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Another market APUS focuses on is Indonesia, where it has invested in the market's biggest Wi-Fi connect service provider Zoomy.

Another reason for using air transport was the strict security and time constraints. Rail transport was not feasible as it involved having a full train laden with goods to make it economically viable. In addition, goods had to be despatched to the railway station first, followed by road transit of the goods to the final destination, said Xiong.

Another highlight of the agenda was the EU's new strategy for connecting Europe and Asia. "There is huge potential in trade and business, transport and digital connectivity in particular," Telicka said, urging the EU to strengthen all-round comprehensive collaboration with Asian countries to unleash the potential, especially with China, one of the biggest economies and most important global partners for the EU.

Another 500 manufacturing companies will be closed and more than 40 state-owned companies will be moved out of the city proper, Chen said in the report.

Apart from the brands that fell off the list, 34 decreased in value, with GE experiencing the steepest decline, dropping 32 percent, while 57 hit higher valuations, including nine new entrants and Instagram, whose brand value soared by 95 percent.