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"China's long-term consumption potential is vast and the country's savings rate is decreasing while consumption rate is rising. The country is already the world's largest retail market. Even if it grows at a slower pace, it will still be the fastest-growing market in the world," Huang said.

"China strongly urges the relevant country to take a highly responsible attitude, exercise restraint and earnestly preserve the existing arms control regime in an effort to safeguard global strategic balance and stability, and international and regional peace and security," the envoy said. "This is the shared message from the international community."

"Consumption now remains the main driver of economic growth," said Tang Jianwei, chief researcher at the Financial Research Center of the Bank of Communications. "Due to rising Sino-US trade disputes, we are facing many external uncertainties. Therefore, we need to focus on boosting domestic demand. Considering the current levels of per capita rural and urban incomes and the proportion of consumption to the total GDP, there is a lot of room for consumption growth."

"Consumers feel they get useful information on certain products and tend to use interactive online posters."

"Currently, the priority target of monetary policy is to curb further slowing in the growth of the economy," said Yu Yongding, a senior economist at the Chinese Academy of Social Sciences.