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Chen Tao, an analyst at the Beijing-based consultancy Analysys, said people in smaller cities and towns are looking for high-end quality products, along with the rising e-commerce penetration rate in lower-tier cities.

Chen Wenling, chief economist at Beijing-based China Center for International Economic Exchanges, said: "Even though the tertiary sector, especially tourism, civil aviation, catering and retail segments, bore the brunt this time, industries relating to people's daily life such as daily necessities, food supply, express delivery and e-commerce have not been severely hit by the temporary hardship."

Chen Junxun, principal consultant at Momentum Digital, a digital agency specializing in B2B digital strategy and content marketing, noted the importance of establishing a good brand for Chinese sellers who want to succeed overseas.

Chen and his partner John Canny — a computer science professor at the University of California, Berkeley — were excited to see the advance of AI in China, partly driven by the development of deep learning — a set of techniques that are able to predict accurately after being married with large amounts of data.

Chene, a French woman who has been living in China for 10 years, decided to settle down permanently in the region last year, as she saw a greater and meaningful cause behind the business where local companies work together to help build and develop society and change people's lives for the better.