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"For consumers, foods are becoming more sophisticated and need to be more convenient to get, so e-commerce channels to certain extent have dramatically transformed the agricultural industry in China," he said.

"For 50 percent of consumers, 'I love it.' is more important than 'It's useful to me'," Chen said. "To promote sales, a convenient and comfortable environment is more effective than low price."

"For the past years, when we talk about the speed of smartphones, we are thinking about hardware. Yet the improvement in hardware has reached a bottleneck; even when the processing speed doubled, it brought negligible differences of fractions of seconds to users.

"Fruit-flavored coffee is the latest trend, but how to apply this trend to a more convenient consumption scenario is key in product development, as ice is not widely available at campuses, offices or homes in China."

"Fiscal stimulus after demand shocks tends to be especially powerful when the economy has unemployed resources and monetary policy is accommodative," said John Bluedorn, a deputy division chief in the World Economic Outlook Research Department at the International Monetary Fund.