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"Considering the current market environment, online sales prove an advisable way to lower customer acquisition cost," said Shen Xiaoling, an analyst with Shanghai-based CRIC.

"Continuous progress is being made in mergers and acquisitions among SOEs, involving not only the fusing of management but also resources and corporate cultures," Peng said.

"Consumer markets in both economic areas will grow larger and provide final demand for companies in both economies," he told Xinhua.

"China's trade has consolidated its upward trend this year as the country's efforts to optimize its industrial and trade structure have gradually paid off," he said.

"China's new energy vehicle industry, as well as the power battery sector, has evolved into a stage where there are rivalries in technologies and resources," said Zhang Xiaofei, president of Shenzhen Gaogong Industry Research Co Ltd, an industrial analytic company, specializing in batteries, e-vehicles and new materials.