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Despite its loss of more than 800 million yuan (6.4 million) last year, the company said it will continue to offer promotions on its products for the next three-to-five years.

Despite the market boom, international companies are being challenged by local rivals. According to Euromonitor, Adidas takes up 19.5 percent of the total market retail value, followed by Nike at 19.0 percent, Anta at 11.1 percent and Li Ning at 6.1 percent.

Despite concerns the government might go back to the old strategy of relying on debt-fueled growth, Gao Ting, head of China strategy at UBS Securities, said he expects the government will not allow a major monetary stimulus and will stick to its deleveraging campaign, as current liquidity levels have met the central bank's target.

Deng Haiqing, chief economist with JZ Securities, said mild CPI growth would give policy makers more room to contain debt and financial risk.

Denis Depoux, a senior partner at Roland Berger Strategy Consultants, said the Belt and Road Initiative is critical for European companies. For example, the Silk Road Economic Belt starts in China and ends in Europe, and every country between those points is involved. That means the initiative is important for all destination countries and regions.