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"China's further opening-up will bring more development opportunities to multinational companies. Our development will be more diversified," he added.

"Chinese customers have embraced buying big-ticket items online because it circumvents hours spent at a physical dealership negotiating with sales staff," said Qi Xiaozhai, a senior business consultant for the Shanghai Municipal Commission of Commerce. "It has made prices transparent and traceable."

"Convenient payment services sound simple, but they can encourage immense spending growth," said Alexander Yin, chief financial officer at TGC, the parent company of ePassi, the Finnish payment terminal provider that works in partnership with Alipay.

"Competition has also risen, as new drugs have a limited window of opportunity to be profitable before an enhanced and more improved version of the same product is introduced by a competitor," Feldman said.

"China's automobile market will gradually recover and remain stable for a relatively long period of time to come," said Cai, deputy director-general of the NDRC's industry coordination department.