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"Crawfish has become one of the most sought-after and highly recognized summer foods in the country. Continuously launched new flavors in the market further stimulated the demand from consumers. They helped to enlarge consumer group scales, and raise the average spending and eating frequency," said Neil Wang, president of consultancy Frost & Sullivan in China.

"Chinese brands need to improve their core competitiveness as we have few internationally competitive companies. We should attach importance to the problems and actively solve them," he said.

"Consumption during the national holiday was in line with Alibaba's market expectation since 2018," said Jin Ke, director of Alibaba's Taobao. "Online spending remains robust."

"Clearly the growth of China is significant for us," he said. "China is the No. 2 economy in the world, and a major trading partner, and we have closest proximity."

"China will never close its door, and will instead continue international cooperation under the Belt and Road Initiative with the principle of achieving shared growth through discussion and collaboration," Yang said.