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"Competition among online retailers will concentrate on new technologies, logistics networks and supply chains. E-commerce players should expand their offline consumption offerings and apply more cutting-edge technologies," Cao said.

"China's smart cities market is projected to increase about 30 percent year-on-year in 2018, and all the provincial and sub-provincial cities have launched development and construction for smart cities, with more to follow suit," said Pierpaolo Franco, managing director of London-based Royal Institution of Chartered Surveyors, Greater China.

"China's cross-border e-commerce is thriving, which brings about huge opportunities for Chinese enterprises. But, it also brings about new issues and challenges. By leveraging Amazon's global network and resources, we could provide customized solutions to meet the needs of Chinese sellers and cultivate cross-border e-commerce talent in China," Dai Jingfei, vice-president of Amazon China, said.

"Cross-border acquisitions, which may go along the Belt and Road countries and regions, or be related to the buyer's core line of business, or has the potential to create synergy effect, are essentially encouraged and welcomed by Chinese policymakers," Wu noted.

"China's economic expansion slowed in line with expectations, and conditions will be weaker in the second half as China is carrying out deleveraging moves, and the trade conflict between the US and China is uncertain," said Gao Ting, head of China market strategy at UBS Securities.