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"China's economic growth, which is above 6 percent, is relatively high globally and its inflation remains between 2 percent and 3 percent, which is appropriate," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "As inflation level matches economic growth, China does not need to drastically loosen its monetary policy stance."

"Currently, the esports industry is still at an early stage of development, and there's plenty of room for growth in esports tournaments, livestreaming and advertising," Wang said. "The business-friendly environment and the growing user base will have a positive impact on the esports growth."

"China's sharing economy market and the employment in the sector witnessed rapid growth despite rising macroeconomic downward pressure," said Yu Fengxia, deputy director of the Sharing Economy Research Center.

"China, with a population of 1.4 billion people, will continue to be a huge market for the world, shared by the world, and a market that benefits everybody," he said.

"China's rejection will only push the global waste recycling technologies to make breakthroughs," he said. "Yet, for some countries that habitually export solid rubbish to China, it is hard to accept this reality."