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"Consumer products were among the sectors that were opened up quite early in China. Chinese brands are fast in their innovations of products. Our company is like a car that is shifting gear and using stored-up power, and we are waiting to accelerate and reach the full speed," Ai said.

"Companies in this area were pioneers in answering the questions of corporate social responsibility, because of requests and demands from international brands. Today, the Greater Bay Area is still the most dynamic area where brands, suppliers, NGOs and industrial organizations are working proactively to continue making progress on sustainability issues, such as decent work culture, environmental protection, occupational safety and collective consultation," Anders Wollter, minister counselor and head of Centre for Corporate Social Responsibility of Embassy of Sweden in Beijing, said.

"Chinese companies have become very active investors in US startups in recent years," Xiang said. "Meanwhile, China's tech products and services, such as Huawei's smartphones, are of good quality. It is different from trade behavior such as dumping uncompetitive products. Such restrictions lessen consumers' choices when purchasing goods."

"Chinese providers are expected to differentiate themselves from apps in those emerging markets to succeed. Newcomers should also avoid countries and regions that are already dominated by others who reached there earlier."

"China's decision to put products like wine in the first group of commodities subject to tariffs, leaving other commodities like pork in a second group, is an interesting strategy," said Larry Karp, professor of agricultural and resource economics at the University of California, Berkeley.