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"Chinese consumers have increasing demands for premium brands and high-quality imported products, ranging from toothpaste and toothbrushes, mattresses, clothes and handbags, said Zeng Bibo, founder and chief executive officer of Ymatou.

"China's economic growth will face difficulties from both domestic and external fronts," said Liang Haiming, president of China Silk Road iValley Research Institute and a visiting scholar at Princeton University.

"China represents one of the largest opportunities in the world for many of our clients and for JPMorgan Chase," said Daniel Pinto, co-president & co-chief operating officer of JPMorgan Chase and CEO of the Corporate & Investment Bank. "It is a critical component of our growth plans, both globally and in Asia-Pacific. Our scale and global capabilities give us a unique ability to help Chinese companies grow internationally and also bring foreign investment and capital to China."

"Coming from a developing country, you normally see people confined within their villages and don't know how to take advantage of global trade," Prompoj said.

"China's GDP data are scientific, reliable and comparable with other economies, a fact that has been recognized by major international organizations such as the United Nations and the World Bank," Ning said.